Financial Connections Group Inc. Decreases Stake in T. Rowe Price Ultra Short-Term Bond ETF $TBUX

Financial Connections Group Inc. decreased its position in T. Rowe Price Ultra Short-Term Bond ETF (NYSEARCA:TBUX) by 33.7% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 3,539 shares of the company’s stock after selling 1,802 shares during the period. Financial Connections Group Inc.’s holdings in T. Rowe Price Ultra Short-Term Bond ETF were worth $176,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in TBUX. Focus Financial Network Inc. increased its stake in T. Rowe Price Ultra Short-Term Bond ETF by 44.7% in the 1st quarter. Focus Financial Network Inc. now owns 8,091 shares of the company’s stock valued at $402,000 after buying an additional 2,500 shares during the last quarter. CRA Financial Services LLC increased its stake in T. Rowe Price Ultra Short-Term Bond ETF by 73.3% in the 1st quarter. CRA Financial Services LLC now owns 26,385 shares of the company’s stock valued at $1,310,000 after buying an additional 11,164 shares during the last quarter. Janney Montgomery Scott LLC increased its stake in T. Rowe Price Ultra Short-Term Bond ETF by 25.4% in the 1st quarter. Janney Montgomery Scott LLC now owns 78,370 shares of the company’s stock valued at $3,890,000 after buying an additional 15,886 shares during the last quarter. United Advisor Group LLC increased its stake in T. Rowe Price Ultra Short-Term Bond ETF by 3.8% in the 1st quarter. United Advisor Group LLC now owns 11,757 shares of the company’s stock valued at $584,000 after buying an additional 430 shares during the last quarter. Finally, Silver Oak Securities Incorporated increased its stake in T. Rowe Price Ultra Short-Term Bond ETF by 336.3% in the 1st quarter. Silver Oak Securities Incorporated now owns 90,848 shares of the company’s stock valued at $4,510,000 after buying an additional 70,026 shares during the last quarter.

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

NYSEARCA:TBUX opened at $49.90 on Friday. The firm has a market cap of $661.18 million, a price-to-earnings ratio of 34.13 and a beta of 0.02. T. Rowe Price Ultra Short-Term Bond ETF has a 52 week low of $49.41 and a 52 week high of $50.11. The firm has a 50-day moving average price of $49.88 and a two-hundred day moving average price of $49.78.

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.