Independent Financial Group LLC Makes New $1.91 Million Investment in T. Rowe Price Ultra Short-Term Bond ETF $TBUX

Independent Financial Group LLC acquired a new stake in T. Rowe Price Ultra Short-Term Bond ETF (NYSEARCA:TBUX) during the first quarter, according to its most recent Form 13F filing with the SEC. The fund acquired 38,347 shares of the company’s stock, valued at approximately $1,908,000. Independent Financial Group LLC owned 0.17% of T. Rowe Price Ultra Short-Term Bond ETF at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Geneos Wealth Management Inc. grew its stake in 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 worth $694,000 after purchasing an additional 203 shares during the period. World Investment Advisors boosted its holdings in shares of T. Rowe Price Ultra Short-Term Bond ETF by 3.3% during the 1st quarter. World Investment Advisors now owns 7,166 shares of the company’s stock worth $357,000 after buying an additional 230 shares in the last quarter. United Advisor Group LLC boosted its holdings in shares of T. Rowe Price Ultra Short-Term Bond ETF by 1.9% during the 4th quarter. United Advisor Group LLC now owns 18,077 shares of the company’s stock worth $901,000 after buying an additional 339 shares in the last quarter. Old Port Advisors grew its position in shares of T. Rowe Price Ultra Short-Term Bond ETF by 4.9% during the 4th quarter. Old Port Advisors now owns 7,340 shares of the company’s stock worth $366,000 after buying an additional 340 shares during the period. Finally, Altfest L J & Co. Inc. grew its position in shares of T. Rowe Price Ultra Short-Term Bond ETF by 11.0% during the 4th quarter. Altfest L J & Co. Inc. now owns 5,027 shares of the company’s stock worth $251,000 after buying an additional 500 shares during the period.

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

NYSEARCA:TBUX opened at $49.89 on Monday. The company has a fifty day moving average of $49.85 and a 200-day moving average of $49.86. The firm has a market capitalization of $1.27 billion, a P/E ratio of 34.13 and a beta of 0.03. T. Rowe Price Ultra Short-Term Bond ETF has a twelve month low of $49.61 and a twelve month high of $50.14.

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.