Octavia Wealth Advisors LLC Invests $351,000 in T. Rowe Price Ultra Short-Term Bond ETF $TBUX

Octavia Wealth Advisors LLC purchased a new stake in shares of T. Rowe Price Ultra Short-Term Bond ETF (NYSEARCA:TBUX) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 7,065 shares of the company’s stock, valued at approximately $351,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. AdvisorNet Financial Inc raised its stake in T. Rowe Price Ultra Short-Term Bond ETF by 43.2% during the first quarter. AdvisorNet Financial Inc now owns 16,933 shares of the company’s stock worth $841,000 after purchasing an additional 5,105 shares during the period. Focus Financial Network Inc. raised its stake in T. Rowe Price Ultra Short-Term Bond ETF by 44.7% during the first quarter. Focus Financial Network Inc. now owns 8,091 shares of the company’s stock worth $402,000 after purchasing an additional 2,500 shares during the period. CRA Financial Services LLC raised its stake in T. Rowe Price Ultra Short-Term Bond ETF by 73.3% during the first quarter. CRA Financial Services LLC now owns 26,385 shares of the company’s stock worth $1,310,000 after purchasing an additional 11,164 shares during the period. Janney Montgomery Scott LLC raised its stake in T. Rowe Price Ultra Short-Term Bond ETF by 25.4% during the first quarter. Janney Montgomery Scott LLC now owns 78,370 shares of the company’s stock worth $3,890,000 after purchasing an additional 15,886 shares during the period. Finally, United Advisor Group LLC raised its stake in T. Rowe Price Ultra Short-Term Bond ETF by 3.8% during the first quarter. United Advisor Group LLC now owns 11,757 shares of the company’s stock worth $584,000 after purchasing an additional 430 shares during the period.

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

Shares of TBUX opened at $49.98 on Thursday. The stock has a market cap of $546.28 million, a PE ratio of 34.13 and a beta of 0.02. The firm has a 50-day simple moving average of $49.87 and a two-hundred day simple moving average of $49.77. T. Rowe Price Ultra Short-Term Bond ETF has a 1-year low of $49.41 and a 1-year high of $50.11.

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.