T. Rowe Price Ultra Short-Term Bond ETF (NYSEARCA:TBUX) Sees Unusually-High Trading Volume – What’s Next?

T. Rowe Price Ultra Short-Term Bond ETF (NYSEARCA:TBUX) shares saw unusually-high trading volume on Tuesday . Approximately 335,315 shares were traded during mid-day trading, an increase of 74% from the previous session’s volume of 192,496 shares.The stock last traded at $49.8750 and had previously closed at $49.87.

T. Rowe Price Ultra Short-Term Bond ETF Stock Up 0.1%

The stock has a market capitalization of $877.42 million, a P/E ratio of 34.13 and a beta of 0.03. The company has a fifty day simple moving average of $49.89 and a two-hundred day simple moving average of $49.88.

T. Rowe Price Ultra Short-Term Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, January 29th. Shareholders of record on Tuesday, January 27th were paid a $0.1744 dividend. The ex-dividend date of this dividend was Tuesday, January 27th. This represents a c) dividend on an annualized basis and a yield of 4.2%.

Institutional Investors Weigh In On T. Rowe Price Ultra Short-Term Bond ETF

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Stratos Wealth Advisors LLC bought a new position in shares of T. Rowe Price Ultra Short-Term Bond ETF during the second quarter worth about $262,000. Janney Montgomery Scott LLC lifted its stake in T. Rowe Price Ultra Short-Term Bond ETF by 9.1% in the 2nd quarter. Janney Montgomery Scott LLC now owns 85,540 shares of the company’s stock valued at $4,255,000 after acquiring an additional 7,170 shares in the last quarter. Huntington National Bank bought a new stake in shares of T. Rowe Price Ultra Short-Term Bond ETF in the second quarter worth $672,000. Austin Wealth Management LLC lifted its position in T. Rowe Price Ultra Short-Term Bond ETF by 4.2% during the 2nd quarter. Austin Wealth Management LLC now owns 95,934 shares of the company’s stock worth $4,771,000 after buying an additional 3,827 shares in the last quarter. Finally, Allworth Financial LP increased its position in shares of T. Rowe Price Ultra Short-Term Bond ETF by 33.3% in the second quarter. Allworth Financial LP now owns 19,938 shares of the company’s stock valued at $992,000 after acquiring an additional 4,978 shares during the last quarter.

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. TBUX was launched on Sep 28, 2021 and is managed by T. Rowe Price.