T. Rowe Price QM U.S. Bond ETF (NYSEARCA:TAGG) Stock Price Down 0.1% – Here’s What Happened

T. Rowe Price QM U.S. Bond ETF (NYSEARCA:TAGG) dropped 0.1% during trading on Tuesday . The stock traded as low as $42.72 and last traded at $42.72. Approximately 1,090 shares were traded during trading, a decline of 37% from the average daily volume of 1,740 shares. The stock had previously closed at $42.77.

T. Rowe Price QM U.S. Bond ETF Stock Down 0.1 %

The stock has a market cap of $91.84 million, a P/E ratio of 1.87 and a beta of 0.14. The business’s 50-day simple moving average is $42.81 and its two-hundred day simple moving average is $42.77.

Institutional Trading of T. Rowe Price QM U.S. Bond ETF

A hedge fund recently raised its stake in T. Rowe Price QM U.S. Bond ETF stock. Farther Finance Advisors LLC boosted its stake in T. Rowe Price QM U.S. Bond ETF (NYSEARCA:TAGG) by 23.7% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 2,090 shares of the company’s stock after purchasing an additional 400 shares during the quarter. Farther Finance Advisors LLC owned approximately 0.10% of T. Rowe Price QM U.S. Bond ETF worth $91,000 as of its most recent filing with the Securities & Exchange Commission. 1.86% of the stock is currently owned by institutional investors.

About T. Rowe Price QM U.S. Bond ETF

The T. Rowe Price QM U.S. Bond ETF (TAGG) is an exchange-traded fund that is based on the Bloomberg U.S. Aggregate Bond index. The ETF currently has 37.94m in AUM and 445 holdings. TAGG is an actively-managed fund that holds a wide array of USD-denominated investment-grade bonds with broad maturities.