Strategic Financial Concepts LLC Purchases 17,637 Shares of T. Rowe Price Ultra Short-Term Bond ETF $TBUX

Strategic Financial Concepts LLC raised its stake in shares of T. Rowe Price Ultra Short-Term Bond ETF (NYSEARCA:TBUX) by 6.4% during the 2nd quarter, according to the company in its most recent filing with the SEC. The firm owned 293,952 shares of the company’s stock after purchasing an additional 17,637 shares during the quarter. T. Rowe Price Ultra Short-Term Bond ETF accounts for about 2.1% of Strategic Financial Concepts LLC’s investment portfolio, making the stock its 11th biggest position. Strategic Financial Concepts LLC owned about 2.79% of T. Rowe Price Ultra Short-Term Bond ETF worth $14,642,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Cetera Investment Advisers bought a new position in shares of T. Rowe Price Ultra Short-Term Bond ETF during the 1st quarter worth about $1,361,000. Stratos Wealth Advisors LLC bought a new position in shares of T. Rowe Price Ultra Short-Term Bond ETF during the 2nd quarter worth about $262,000. Janney Montgomery Scott LLC increased its holdings in shares of T. Rowe Price Ultra Short-Term Bond ETF by 9.1% during the 2nd quarter. Janney Montgomery Scott LLC now owns 85,540 shares of the company’s stock worth $4,255,000 after purchasing an additional 7,170 shares during the period. Geneos Wealth Management Inc. increased its holdings in shares of T. Rowe Price Ultra Short-Term Bond ETF by 3.5% during the 1st quarter. Geneos Wealth Management Inc. now owns 11,101 shares of the company’s stock worth $551,000 after purchasing an additional 378 shares during the period. Finally, Octavia Wealth Advisors LLC bought a new position in shares of T. Rowe Price Ultra Short-Term Bond ETF during the 2nd quarter worth about $351,000.

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

NYSEARCA:TBUX opened at $49.84 on Friday. The firm’s 50-day moving average is $49.90 and its 200-day moving average is $49.81. 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 company has a market cap of $710.22 million, a price-to-earnings ratio of 34.13 and a beta of 0.03.

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