T. Rowe Price Ultra Short-Term Bond ETF (NYSEARCA:TBUX – Get Free Report) was the recipient of a significant drop in short interest in the month of July. As of July 31st, there was short interest totaling 43,924 shares, a drop of 68.0% from the July 15th total of 137,096 shares. Currently, 0.2% of the shares of the company are sold short. Based on an average daily volume of 230,608 shares, the days-to-cover ratio is presently 0.2 days.
T. Rowe Price Ultra Short-Term Bond ETF Stock Down 0.1%
T. Rowe Price Ultra Short-Term Bond ETF stock traded down $0.05 on Friday, hitting $49.87. The company’s stock had a trading volume of 280,710 shares, compared to its average volume of 212,748. The firm has a market cap of $1.30 billion, a P/E ratio of 34.13 and a beta of 0.03. The company has a fifty day moving average price of $49.84 and a 200-day moving average price of $49.85. T. Rowe Price Ultra Short-Term Bond ETF has a one year low of $49.61 and a one year high of $50.14.
Institutional Trading of T. Rowe Price Ultra Short-Term Bond ETF
Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Wealthcare Advisory Partners LLC boosted its holdings in T. Rowe Price Ultra Short-Term Bond ETF by 789.8% during the second quarter. Wealthcare Advisory Partners LLC now owns 59,421 shares of the company’s stock valued at $2,957,000 after purchasing an additional 52,743 shares in the last quarter. Focus Financial Network Inc. boosted its stake in T. Rowe Price Ultra Short-Term Bond ETF by 936.6% in the 2nd quarter. Focus Financial Network Inc. now owns 459,368 shares of the company’s stock valued at $22,863,000 after buying an additional 415,054 shares in the last quarter. Topor & Co. Korea boosted its stake in T. Rowe Price Ultra Short-Term Bond ETF by 54.4% in the 2nd quarter. Topor & Co. Korea now owns 13,531 shares of the company’s stock valued at $673,000 after buying an additional 4,768 shares in the last quarter. Fischer Investment Strategies LLC grew its position in T. Rowe Price Ultra Short-Term Bond ETF by 525.5% in the first quarter. Fischer Investment Strategies LLC now owns 71,372 shares of the company’s stock valued at $3,551,000 after acquiring an additional 59,962 shares during the period. Finally, Cetera Investment Advisers grew its position in T. Rowe Price Ultra Short-Term Bond ETF by 59.7% in the first quarter. Cetera Investment Advisers now owns 65,999 shares of the company’s stock valued at $3,283,000 after acquiring an additional 24,678 shares during the period.
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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