Latitude Advisors LLC Invests $221,000 in T. Rowe Price Ultra Short-Term Bond ETF (NYSEARCA:TBUX)

Latitude Advisors LLC bought a new stake in T. Rowe Price Ultra Short-Term Bond ETF (NYSEARCA:TBUX) in the fourth quarter, HoldingsChannel.com reports. The firm bought 4,448 shares of the company’s stock, valued at approximately $221,000.

Several other institutional investors and hedge funds have also modified their holdings of the business. Strategic Financial Concepts LLC boosted its holdings in T. Rowe Price Ultra Short-Term Bond ETF by 5,874.0% in the 4th quarter. Strategic Financial Concepts LLC now owns 13,220,746 shares of the company’s stock valued at $655,379,000 after purchasing an additional 12,999,442 shares during the period. Stifel Financial Corp raised its position in shares of T. Rowe Price Ultra Short-Term Bond ETF by 2,462.0% in the third quarter. Stifel Financial Corp now owns 179,416 shares of the company’s stock valued at $8,928,000 after buying an additional 172,413 shares in the last quarter. Janney Montgomery Scott LLC bought a new stake in shares of T. Rowe Price Ultra Short-Term Bond ETF in the fourth quarter valued at approximately $3,097,000. Beaumont Financial Advisors LLC acquired a new stake in T. Rowe Price Ultra Short-Term Bond ETF during the fourth quarter worth approximately $1,805,000. Finally, MidAtlantic Capital Management Inc. bought a new position in T. Rowe Price Ultra Short-Term Bond ETF during the 3rd quarter worth $970,000.

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

NYSEARCA:TBUX opened at $49.70 on Tuesday. The company has a market cap of $155.56 million, a price-to-earnings ratio of 2.24 and a beta of 0.01. T. Rowe Price Ultra Short-Term Bond ETF has a fifty-two week low of $49.19 and a fifty-two week high of $50.29. The stock has a fifty day moving average price of $49.69 and a 200-day moving average price of $49.74.

T. Rowe Price Ultra Short-Term Bond ETF 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.