United Advisor Group LLC Purchases 636 Shares of T. Rowe Price Ultra Short-Term Bond ETF (NYSEARCA:TBUX)

United Advisor Group LLC boosted its position in T. Rowe Price Ultra Short-Term Bond ETF (NYSEARCA:TBUX) by 5.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 11,327 shares of the company’s stock after acquiring an additional 636 shares during the period. United Advisor Group LLC owned 0.36% of T. Rowe Price Ultra Short-Term Bond ETF worth $561,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Principal Securities Inc. bought a new position in T. Rowe Price Ultra Short-Term Bond ETF in the fourth quarter worth approximately $37,000. Farther Finance Advisors LLC boosted its holdings in T. Rowe Price Ultra Short-Term Bond ETF by 406.7% in the fourth quarter. Farther Finance Advisors LLC now owns 760 shares of the company’s stock worth $38,000 after acquiring an additional 610 shares in the last quarter. 1620 Investment Advisors Inc. bought a new position in T. Rowe Price Ultra Short-Term Bond ETF in the fourth quarter worth approximately $61,000. Latitude Advisors LLC bought a new position in T. Rowe Price Ultra Short-Term Bond ETF in the fourth quarter worth approximately $221,000. Finally, L.K. Benson & Company P.C. bought a new position in T. Rowe Price Ultra Short-Term Bond ETF in the fourth quarter worth approximately $276,000.

T. Rowe Price Ultra Short-Term Bond ETF Stock Performance

Shares of NYSEARCA:TBUX opened at $49.90 on Monday. The business’s 50 day simple moving average is $49.68 and its two-hundred day simple moving average is $49.70. The firm has a market cap of $444.11 million, a P/E ratio of 34.13 and a beta of 0.03. T. Rowe Price Ultra Short-Term Bond ETF has a 52-week low of $49.29 and a 52-week high of $50.29.

T. Rowe Price Ultra Short-Term Bond ETF Increases Dividend

The company also recently declared a dividend, which was paid on Friday, March 28th. Shareholders of record on Wednesday, March 26th were issued a $0.1915 dividend. The ex-dividend date of this dividend was Wednesday, March 26th. This is a positive change from T. Rowe Price Ultra Short-Term Bond ETF’s previous dividend of $0.19.

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.