Poplar Forest Capital LLC Sells 425 Shares of T. Rowe Price U.S. High Yield ETF (NYSEARCA:THYF)

Poplar Forest Capital LLC lessened its stake in T. Rowe Price U.S. High Yield ETF (NYSEARCA:THYF) by 8.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 4,400 shares of the company’s stock after selling 425 shares during the period. Poplar Forest Capital LLC owned approximately 0.44% of T. Rowe Price U.S. High Yield ETF worth $229,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in the stock. Allworth Financial LP bought a new stake in T. Rowe Price U.S. High Yield ETF in the 4th quarter worth approximately $1,066,000. Strategic Financial Concepts LLC grew its position in T. Rowe Price U.S. High Yield ETF by 841.7% in the 4th quarter. Strategic Financial Concepts LLC now owns 69,481 shares of the company’s stock worth $3,620,000 after purchasing an additional 62,103 shares during the period. Elm3 Financial Group LLC purchased a new position in shares of T. Rowe Price U.S. High Yield ETF during the 4th quarter worth $1,614,000. Intergy Private Wealth LLC boosted its stake in shares of T. Rowe Price U.S. High Yield ETF by 3.7% during the 4th quarter. Intergy Private Wealth LLC now owns 30,161 shares of the company’s stock worth $1,571,000 after acquiring an additional 1,080 shares during the last quarter. Finally, AdvisorNet Financial Inc boosted its stake in shares of T. Rowe Price U.S. High Yield ETF by 9.2% during the 4th quarter. AdvisorNet Financial Inc now owns 10,728 shares of the company’s stock worth $559,000 after acquiring an additional 907 shares during the last quarter.

T. Rowe Price U.S. High Yield ETF Price Performance

Shares of T. Rowe Price U.S. High Yield ETF stock opened at $52.48 on Friday. The company’s fifty day simple moving average is $52.42 and its 200-day simple moving average is $52.35. The stock has a market capitalization of $481.77 million, a PE ratio of 20.93 and a beta of 0.44. T. Rowe Price U.S. High Yield ETF has a 1-year low of $50.87 and a 1-year high of $54.77.

T. Rowe Price U.S. High Yield ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Thursday, February 27th. Stockholders of record on Tuesday, February 25th were paid a dividend of $0.3163 per share. The ex-dividend date of this dividend was Tuesday, February 25th.

T. Rowe Price U.S. High Yield ETF Company Profile

The T. Rowe Price U.S. High Yield ETF (THYF) is an exchange-traded fund. The ETF currently has 21.58m in AUM and 110 holdings. THYF is actively managed to hold a broad portfolio of US high-yield corporate bonds of any maturity. THYF was launched on Oct 25, 2022 and is managed by T. Rowe Price.