Northwestern Mutual Wealth Management Co. reduced its position in T. Rowe Price Ultra Short-Term Bond ETF (NYSEARCA:TBUX – Free Report) by 78.3% during the fourth quarter, HoldingsChannel reports. The fund owned 41,787 shares of the company’s stock after selling 150,524 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in T. Rowe Price Ultra Short-Term Bond ETF were worth $2,083,000 as of its most recent filing with the SEC.
A number of other hedge funds and other institutional investors have also added to or reduced their stakes in TBUX. Geneos Wealth Management Inc. increased its position in shares of T. Rowe Price Ultra Short-Term Bond ETF by 1.5% during the fourth quarter. Geneos Wealth Management Inc. now owns 13,922 shares of the company’s stock valued at $694,000 after buying an additional 203 shares during the period. United Advisor Group LLC increased its position in shares of T. Rowe Price Ultra Short-Term Bond ETF by 1.9% during the fourth quarter. United Advisor Group LLC now owns 18,077 shares of the company’s stock valued at $901,000 after buying an additional 339 shares during the period. Old Port Advisors increased its position in shares of T. Rowe Price Ultra Short-Term Bond ETF by 4.9% during the fourth quarter. Old Port Advisors now owns 7,340 shares of the company’s stock valued at $366,000 after buying an additional 340 shares during the period. Altfest L J & Co. Inc. increased its position in shares of T. Rowe Price Ultra Short-Term Bond ETF by 11.0% during the fourth quarter. Altfest L J & Co. Inc. now owns 5,027 shares of the company’s stock valued at $251,000 after buying an additional 500 shares during the period. Finally, Savvy Advisors Inc. increased its position in shares of T. Rowe Price Ultra Short-Term Bond ETF by 6.7% during the fourth quarter. Savvy Advisors Inc. now owns 10,004 shares of the company’s stock valued at $499,000 after buying an additional 632 shares during the period.
T. Rowe Price Ultra Short-Term Bond ETF Stock Down 0.3%
Shares of TBUX opened at $49.76 on Wednesday. The business’s 50-day moving average price is $49.83 and its 200-day moving average price is $49.87. T. Rowe Price Ultra Short-Term Bond ETF has a twelve month low of $49.59 and a twelve month high of $50.05. The stock has a market cap of $1.10 billion, a PE ratio of 34.13 and a beta of 0.03.
About T. Rowe Price Ultra Short-Term Bond ETF
The T. Rowe Price Ultra Short-Term Bond ETF (TBUX) is an exchange-traded fund. The ETF currently has 53.48m in AUM and 293 holdings. TBUX is an actively-managed fund that invests in a diversified portfolio of investment-grade fixed income securities, targeting an effective duration of 1.5 years or less. TBUX was launched on Sep 28, 2021 and is managed by T. Rowe Price.
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Want to see what other hedge funds are holding TBUX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for T. Rowe Price Ultra Short-Term Bond ETF (NYSEARCA:TBUX – Free Report).
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