MidAtlantic Capital Management Inc. Has $2.59 Million Holdings in T. Rowe Price Ultra Short-Term Bond ETF $TBUX

MidAtlantic Capital Management Inc. grew its position in T. Rowe Price Ultra Short-Term Bond ETF (NYSEARCA:TBUX) by 57.6% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 51,930 shares of the company’s stock after purchasing an additional 18,984 shares during the period. T. Rowe Price Ultra Short-Term Bond ETF comprises about 1.7% of MidAtlantic Capital Management Inc.’s holdings, making the stock its 15th largest position. MidAtlantic Capital Management Inc. owned approximately 0.30% of T. Rowe Price Ultra Short-Term Bond ETF worth $2,589,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of TBUX. Geneos Wealth Management Inc. increased its holdings in shares of T. Rowe Price Ultra Short-Term Bond ETF by 1.5% during the 4th quarter. Geneos Wealth Management Inc. now owns 13,922 shares of the company’s stock valued at $694,000 after acquiring an additional 203 shares during the last quarter. United Advisor Group LLC increased 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 valued at $901,000 after acquiring an additional 339 shares during the last quarter. Old Port Advisors increased its holdings 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 valued at $366,000 after acquiring an additional 340 shares during the last quarter. Altfest L J & Co. Inc. increased its holdings 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 valued at $251,000 after acquiring an additional 500 shares during the last quarter. Finally, 1620 Investment Advisors Inc. increased its holdings in shares of T. Rowe Price Ultra Short-Term Bond ETF by 31.1% during the 4th quarter. 1620 Investment Advisors Inc. now owns 2,532 shares of the company’s stock valued at $126,000 after acquiring an additional 601 shares during the last quarter.

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

Shares of NYSEARCA TBUX opened at $49.75 on Thursday. The firm has a market cap of $1.10 billion, a price-to-earnings ratio of 34.13 and a beta of 0.03. The business’s 50-day simple moving average is $49.83 and its 200-day simple moving average is $49.87. T. Rowe Price Ultra Short-Term Bond ETF has a 52 week low of $49.59 and a 52 week high of $50.05.

About T. Rowe Price Ultra Short-Term Bond ETF

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.