T. Rowe Price Ultra Short-Term Bond ETF $TBUX Shares Purchased by Focus Financial Network Inc.

Focus Financial Network Inc. boosted its stake in T. Rowe Price Ultra Short-Term Bond ETF (NYSEARCA:TBUX) by 936.6% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 459,368 shares of the company’s stock after acquiring an additional 415,054 shares during the period. T. Rowe Price Ultra Short-Term Bond ETF comprises approximately 0.7% of Focus Financial Network Inc.’s portfolio, making the stock its 26th largest position. Focus Financial Network Inc. owned approximately 1.87% of T. Rowe Price Ultra Short-Term Bond ETF worth $22,863,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in TBUX. Raymond James Financial Inc. increased its position in T. Rowe Price Ultra Short-Term Bond ETF by 17.6% in the 3rd quarter. Raymond James Financial Inc. now owns 1,082,877 shares of the company’s stock valued at $53,971,000 after acquiring an additional 162,426 shares during the period. Members Advisory Group LLC acquired a new stake in shares of T. Rowe Price Ultra Short-Term Bond ETF during the first quarter worth $17,648,000. Osaic Holdings Inc. grew its position in T. Rowe Price Ultra Short-Term Bond ETF by 56.0% in the 4th quarter. Osaic Holdings Inc. now owns 285,698 shares of the company’s stock valued at $14,245,000 after buying an additional 102,613 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its position in T. Rowe Price Ultra Short-Term Bond ETF by 7.9% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 207,477 shares of the company’s stock valued at $10,343,000 after buying an additional 15,166 shares during the last quarter. Finally, Harfst & Associates Inc. increased its stake in T. Rowe Price Ultra Short-Term Bond ETF by 221.9% in the 4th quarter. Harfst & Associates Inc. now owns 188,219 shares of the company’s stock valued at $9,383,000 after buying an additional 129,745 shares during the period.

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

Shares of T. Rowe Price Ultra Short-Term Bond ETF stock opened at $49.85 on Monday. T. Rowe Price Ultra Short-Term Bond ETF has a 52-week low of $49.61 and a 52-week high of $50.14. The company’s 50-day simple moving average is $49.84 and its 200-day simple moving average is $49.85. The firm has a market cap of $1.30 billion, a price-to-earnings ratio of 34.13 and a beta of 0.03.

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.