Citadel Advisors LLC Boosts Stake in T. Rowe Price Ultra Short-Term Bond ETF $TBUX

Citadel Advisors LLC boosted its position in shares of T. Rowe Price Ultra Short-Term Bond ETF (NYSEARCA:TBUX) by 205.3% in the second quarter, Holdings Channel.com reports. The institutional investor owned 110,063 shares of the company’s stock after acquiring an additional 74,018 shares during the period. Citadel Advisors LLC’s holdings in T. Rowe Price Ultra Short-Term Bond ETF were worth $5,478,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the company. World Investment Advisors raised its stake in T. Rowe Price Ultra Short-Term Bond ETF by 3.3% during the first quarter. World Investment Advisors now owns 7,166 shares of the company’s stock valued at $357,000 after purchasing an additional 230 shares in the last quarter. 1620 Investment Advisors Inc. grew its stake in shares of T. Rowe Price Ultra Short-Term Bond ETF by 31.1% in the 4th quarter. 1620 Investment Advisors Inc. now owns 2,532 shares of the company’s stock worth $126,000 after buying an additional 601 shares in the last quarter. Heritage Wealth Management Inc. grew its stake in shares of T. Rowe Price Ultra Short-Term Bond ETF by 8.8% in the 1st quarter. Heritage Wealth Management Inc. now owns 14,365 shares of the company’s stock worth $715,000 after buying an additional 1,165 shares in the last quarter. Wells Fargo & Company MN increased its holdings in shares of T. Rowe Price Ultra Short-Term Bond ETF by 75,500.0% in the 4th quarter. Wells Fargo & Company MN now owns 1,512 shares of the company’s stock worth $75,000 after buying an additional 1,510 shares during the last quarter. Finally, Concorde Asset Management LLC increased its holdings in shares of T. Rowe Price Ultra Short-Term Bond ETF by 43.3% in the 4th quarter. Concorde Asset Management LLC now owns 6,599 shares of the company’s stock worth $329,000 after buying an additional 1,994 shares during the last quarter.

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

Shares of NYSEARCA TBUX opened at $49.80 on Tuesday. The firm’s 50-day moving average price is $49.84 and its 200-day moving average price is $49.84. The stock has a market capitalization of $1.30 billion, a price-to-earnings ratio of 34.13 and a beta of 0.03. T. Rowe Price Ultra Short-Term Bond ETF has a 12-month low of $49.61 and a 12-month high of $50.14.

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.