T. Rowe Price QM U.S. Bond ETF (NYSEARCA:TAGG – Get Free Report) was the recipient of a large growth in short interest in June. As of June 30th, there was short interest totaling 145,319 shares, a growth of 506.7% from the June 15th total of 23,954 shares. Currently, 0.3% of the shares of the stock are short sold. Based on an average daily volume of 889,990 shares, the short-interest ratio is currently 0.2 days.
T. Rowe Price QM U.S. Bond ETF Stock Down 0.3%
Shares of TAGG stock traded down $0.12 on Monday, reaching $42.10. The company’s stock had a trading volume of 29,459 shares, compared to its average volume of 200,360. T. Rowe Price QM U.S. Bond ETF has a 12-month low of $41.96 and a 12-month high of $43.72. The company has a market capitalization of $2.29 billion, a P/E ratio of 34.46 and a beta of 0.25. The stock’s 50 day simple moving average is $42.40 and its 200-day simple moving average is $42.80.
Institutional Trading of T. Rowe Price QM U.S. Bond ETF
Several institutional investors and hedge funds have recently modified their holdings of the business. JPMorgan Chase & Co. bought a new stake in shares of T. Rowe Price QM U.S. Bond ETF during the 2nd quarter valued at about $131,000. Farther Finance Advisors LLC raised its stake in T. Rowe Price QM U.S. Bond ETF by 54.4% in the fourth quarter. Farther Finance Advisors LLC now owns 4,540 shares of the company’s stock valued at $195,000 after purchasing an additional 1,600 shares in the last quarter. Osaic Holdings Inc. raised its stake in T. Rowe Price QM U.S. Bond ETF by 12.7% in the fourth quarter. Osaic Holdings Inc. now owns 4,620 shares of the company’s stock valued at $199,000 after purchasing an additional 521 shares in the last quarter. COFG Advisors LLC bought a new stake in T. Rowe Price QM U.S. Bond ETF during the fourth quarter valued at approximately $280,000. Finally, GeoWealth Management LLC bought a new stake in T. Rowe Price QM U.S. Bond ETF during the fourth quarter valued at approximately $292,000. Hedge funds and other institutional investors own 1.86% of the company’s stock.
About T. Rowe Price QM U.S. Bond ETF
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.
See Also
- Five stocks we like better than T. Rowe Price QM U.S. Bond ETF
- One Short- and One Long-Term ETF for Quantum Computing Bulls
- The Phase 3 Failure That Sent Biotech Winners and Losers in Opposite Directions
- Why Micron Is Doubling Down While the HBM Shortage Persists
- China’s Helium Ban Could Reshape the AI Supply Chain
Receive News & Ratings for T. Rowe Price QM U.S. Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for T. Rowe Price QM U.S. Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.
