Essex Financial Services Inc. Has $1.74 Million Stock Holdings in T. Rowe Price Ultra Short-Term Bond ETF $TBUX

Essex Financial Services Inc. raised its stake in shares of T. Rowe Price Ultra Short-Term Bond ETF (NYSEARCA:TBUX) by 57.1% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 34,820 shares of the company’s stock after purchasing an additional 12,660 shares during the quarter. Essex Financial Services Inc. owned 0.24% of T. Rowe Price Ultra Short-Term Bond ETF worth $1,735,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently modified their holdings of the stock. Altfest L J & Co. Inc. lifted its position in shares of T. Rowe Price Ultra Short-Term Bond ETF by 12.4% during the 3rd quarter. Altfest L J & Co. Inc. now owns 4,527 shares of the company’s stock worth $226,000 after buying an additional 500 shares during the period. Geneos Wealth Management Inc. raised its stake in T. Rowe Price Ultra Short-Term Bond ETF by 4.7% during the third quarter. Geneos Wealth Management Inc. now owns 13,719 shares of the company’s stock worth $684,000 after acquiring an additional 619 shares in the last quarter. 4J Wealth Management LLC raised its stake in T. Rowe Price Ultra Short-Term Bond ETF by 2.4% during the third quarter. 4J Wealth Management LLC now owns 27,917 shares of the company’s stock worth $1,391,000 after acquiring an additional 650 shares in the last quarter. 1620 Investment Advisors Inc. lifted its holdings in shares of T. Rowe Price Ultra Short-Term Bond ETF by 57.2% during the third quarter. 1620 Investment Advisors Inc. now owns 1,931 shares of the company’s stock valued at $96,000 after acquiring an additional 703 shares during the period. Finally, Savvy Advisors Inc. boosted its stake in shares of T. Rowe Price Ultra Short-Term Bond ETF by 8.7% in the 3rd quarter. Savvy Advisors Inc. now owns 9,372 shares of the company’s stock valued at $467,000 after purchasing an additional 752 shares in the last quarter.

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

TBUX opened at $49.97 on Thursday. The firm has a market cap of $878.47 million, a price-to-earnings ratio of 34.13 and a beta of 0.03. The firm’s 50-day simple moving average is $49.91 and its 200-day simple moving average is $49.89. T. Rowe Price Ultra Short-Term Bond ETF has a twelve month low of $49.44 and a twelve month high of $50.05.

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

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

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