Sard Wealth Management Group LLC Buys 23,231 Shares of T. Rowe Price Ultra Short-Term Bond ETF $TBUX

Sard Wealth Management Group LLC bought a new position in T. Rowe Price Ultra Short-Term Bond ETF (NYSEARCA:TBUX) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 23,231 shares of the company’s stock, valued at approximately $1,152,000. T. Rowe Price Ultra Short-Term Bond ETF accounts for approximately 0.5% of Sard Wealth Management Group LLC’s holdings, making the stock its 25th largest position. Sard Wealth Management Group LLC owned 0.06% of T. Rowe Price Ultra Short-Term Bond ETF as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the stock. YHB Investment Advisors Inc. purchased a new stake in T. Rowe Price Ultra Short-Term Bond ETF during the third quarter valued at about $209,000. Capital Analysts LLC boosted its position in T. Rowe Price Ultra Short-Term Bond ETF by 373.3% during the second quarter. Capital Analysts LLC now owns 4,506 shares of the company’s stock worth $224,000 after purchasing an additional 3,554 shares during the period. Benchmark Financial LLC acquired a new stake in shares of T. Rowe Price Ultra Short-Term Bond ETF in the first quarter valued at about $286,000. Triumph Capital Management increased its position in T. Rowe Price Ultra Short-Term Bond ETF by 317.7% in the 2nd quarter. Triumph Capital Management now owns 6,725 shares of the company’s stock worth $335,000 after buying an additional 5,115 shares during the period. Finally, World Investment Advisors acquired a new stake in T. Rowe Price Ultra Short-Term Bond ETF in the 4th quarter worth $346,000.

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

Shares of NYSEARCA TBUX traded down $0.02 during trading hours on Friday, reaching $49.74. The stock had a trading volume of 231,549 shares, compared to its average volume of 264,438. T. Rowe Price Ultra Short-Term Bond ETF has a twelve month low of $49.56 and a twelve month high of $50.14. The business’s fifty day moving average is $49.78 and its two-hundred day moving average is $49.81. The company has a market cap of $1.89 billion, a price-to-earnings ratio of 34.13 and a beta of 0.03.

T. Rowe Price Ultra Short-Term Bond ETF 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.