T. Rowe Price QM U.S. Bond ETF (NYSEARCA:TAGG – Get Free Report) shares saw an uptick in trading volume on Tuesday . Approximately 2,695,669 shares changed hands during mid-day trading, an increase of 1,761% from the previous session’s volume of 144,822 shares.The stock last traded at $42.47 and had previously closed at $42.43.
T. Rowe Price QM U.S. Bond ETF Stock Up 0.1%
The firm has a market capitalization of $1.88 billion, a PE ratio of 34.46 and a beta of 0.25. The business’s fifty day moving average price is $42.50 and its 200 day moving average price is $42.86.
Institutional Trading of T. Rowe Price QM U.S. Bond ETF
Hedge funds have recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. acquired a new position in shares of T. Rowe Price QM U.S. Bond ETF in the second quarter valued at approximately $131,000. Farther Finance Advisors LLC lifted its holdings in shares of T. Rowe Price QM U.S. Bond ETF by 54.4% during the fourth quarter. Farther Finance Advisors LLC now owns 4,540 shares of the company’s stock worth $195,000 after purchasing an additional 1,600 shares during the period. Osaic Holdings Inc. lifted its holdings in shares of T. Rowe Price QM U.S. Bond ETF by 12.7% during the fourth quarter. Osaic Holdings Inc. now owns 4,620 shares of the company’s stock worth $199,000 after purchasing an additional 521 shares during the period. COFG Advisors LLC purchased a new position in T. Rowe Price QM U.S. Bond ETF in the 4th quarter valued at $280,000. Finally, GeoWealth Management LLC purchased a new position in T. Rowe Price QM U.S. Bond ETF in the 4th quarter valued at $292,000. 1.86% of the stock is owned by institutional investors and hedge funds.
T. Rowe Price QM U.S. Bond ETF Company Profile
The T. Rowe Price QM U.S. Bond ETF (TAGG) is an exchange-traded fund that is based on the Bloomberg U.S. Aggregate Bond index. The ETF currently has 37.94m in AUM and 445 holdings. TAGG is an actively-managed fund that holds a wide array of USD-denominated investment-grade bonds with broad maturities. TAGG was launched on Sep 28, 2021 and is managed by T. Rowe Price.
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