Members Advisory Group LLC Invests $17.65 Million in T. Rowe Price Ultra Short-Term Bond ETF $TBUX

Members Advisory Group LLC bought a new stake in shares of T. Rowe Price Ultra Short-Term Bond ETF (NYSEARCA:TBUX) in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 354,730 shares of the company’s stock, valued at approximately $17,648,000. T. Rowe Price Ultra Short-Term Bond ETF makes up approximately 6.1% of Members Advisory Group LLC’s portfolio, making the stock its 7th biggest position. Members Advisory Group LLC owned approximately 1.61% of T. Rowe Price Ultra Short-Term Bond ETF as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Stephens Inc. AR increased its position in T. Rowe Price Ultra Short-Term Bond ETF by 92.8% during the 1st quarter. Stephens Inc. AR now owns 25,550 shares of the company’s stock valued at $1,271,000 after purchasing an additional 12,300 shares during the period. World Investment Advisors lifted its position in shares of T. Rowe Price Ultra Short-Term Bond ETF by 3.3% in the 1st quarter. World Investment Advisors now owns 7,166 shares of the company’s stock worth $357,000 after purchasing an additional 230 shares during the period. Essex Financial Services Inc. boosted its stake in shares of T. Rowe Price Ultra Short-Term Bond ETF by 65.8% during the 1st quarter. Essex Financial Services Inc. now owns 67,347 shares of the company’s stock valued at $3,351,000 after purchasing an additional 26,735 shares in the last quarter. Family Investment Center Inc. boosted its stake in shares of T. Rowe Price Ultra Short-Term Bond ETF by 92.1% during the 1st quarter. Family Investment Center Inc. now owns 13,846 shares of the company’s stock valued at $689,000 after purchasing an additional 6,638 shares in the last quarter. Finally, Janney Montgomery Scott LLC increased its position in shares of T. Rowe Price Ultra Short-Term Bond ETF by 5.1% during the first quarter. Janney Montgomery Scott LLC now owns 106,124 shares of the company’s stock valued at $5,280,000 after buying an additional 5,180 shares during the period.

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

TBUX stock opened at $49.88 on Thursday. T. Rowe Price Ultra Short-Term Bond ETF has a 1 year low of $49.61 and a 1 year high of $50.14. The company has a market cap of $1.25 billion, a P/E ratio of 34.13 and a beta of 0.03. The firm has a 50-day moving average of $49.84 and a 200 day moving average of $49.86.

T. Rowe Price Ultra Short-Term Bond ETF Company Profile

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.