Fifth Third Bancorp Makes New $511,000 Investment in T. Rowe Price QM U.S. Bond ETF $TAGG

Fifth Third Bancorp bought a new stake in shares of T. Rowe Price QM U.S. Bond ETF (NYSEARCA:TAGG) during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 12,003 shares of the company’s stock, valued at approximately $511,000.

A number of other institutional investors have also recently made changes to their positions in TAGG. JPMorgan Chase & Co. bought a new stake in shares of T. Rowe Price QM U.S. Bond ETF in the second quarter worth approximately $131,000. Farther Finance Advisors LLC lifted its position in T. Rowe Price QM U.S. Bond ETF by 54.4% during the fourth quarter. Farther Finance Advisors LLC now owns 4,540 shares of the company’s stock valued at $195,000 after purchasing an additional 1,600 shares during the period. Osaic Holdings Inc. lifted its position in T. Rowe Price QM U.S. Bond ETF by 12.7% during the fourth quarter. Osaic Holdings Inc. now owns 4,620 shares of the company’s stock valued at $199,000 after purchasing an additional 521 shares during the period. COFG Advisors LLC purchased a new stake in T. Rowe Price QM U.S. Bond ETF in the fourth quarter worth approximately $280,000. Finally, GeoWealth Management LLC purchased a new stake in T. Rowe Price QM U.S. Bond ETF in the fourth quarter worth approximately $292,000. Hedge funds and other institutional investors own 1.86% of the company’s stock.

T. Rowe Price QM U.S. Bond ETF Trading Down 0.3%

NYSEARCA:TAGG opened at $41.84 on Thursday. T. Rowe Price QM U.S. Bond ETF has a 12 month low of $41.79 and a 12 month high of $43.72. The company has a market cap of $2.33 billion, a PE ratio of 34.46 and a beta of 0.25. The company has a 50 day simple moving average of $42.31 and a two-hundred day simple moving average of $42.70.

T. Rowe Price QM U.S. Bond ETF Company Profile

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