Essex Financial Services Inc. Acquires 26,735 Shares of T. Rowe Price Ultra Short-Term Bond ETF $TBUX

Essex Financial Services Inc. boosted its holdings in T. Rowe Price Ultra Short-Term Bond ETF (NYSEARCA:TBUX) by 65.8% during the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 67,347 shares of the company’s stock after purchasing an additional 26,735 shares during the quarter. Essex Financial Services Inc.’s holdings in T. Rowe Price Ultra Short-Term Bond ETF were worth $3,351,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Family Investment Center Inc. grew its stake in shares of T. Rowe Price Ultra Short-Term Bond ETF by 92.1% in the 1st quarter. Family Investment Center Inc. now owns 13,846 shares of the company’s stock worth $689,000 after buying an additional 6,638 shares during the last quarter. Janney Montgomery Scott LLC increased its position in T. Rowe Price Ultra Short-Term Bond ETF by 5.1% during the 1st quarter. Janney Montgomery Scott LLC now owns 106,124 shares of the company’s stock valued at $5,280,000 after buying an additional 5,180 shares in the last quarter. Midwest Financial Group LLC raised its stake in T. Rowe Price Ultra Short-Term Bond ETF by 91.7% during the first quarter. Midwest Financial Group LLC now owns 12,200 shares of the company’s stock valued at $607,000 after buying an additional 5,837 shares during the last quarter. Benchmark Financial LLC purchased a new position in T. Rowe Price Ultra Short-Term Bond ETF during the first quarter valued at $286,000. Finally, Heritage Wealth Management Inc. boosted its holdings in T. Rowe Price Ultra Short-Term Bond ETF by 8.8% in the first quarter. Heritage Wealth Management Inc. now owns 14,365 shares of the company’s stock worth $715,000 after acquiring an additional 1,165 shares in the last quarter.

T. Rowe Price Ultra Short-Term Bond ETF Trading Up 0.0%

NYSEARCA TBUX opened at $49.79 on Thursday. T. Rowe Price Ultra Short-Term Bond ETF has a 12 month low of $49.61 and a 12 month high of $50.14. The stock has a market cap of $1.20 billion, a P/E ratio of 34.13 and a beta of 0.03. The stock’s fifty day moving average price is $49.84 and its 200-day moving average price is $49.86.

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.