Focus Financial Network Inc. Makes New Investment in T. Rowe Price Ultra Short-Term Bond ETF (NYSEARCA:TBUX)

Focus Financial Network Inc. purchased a new stake in shares of T. Rowe Price Ultra Short-Term Bond ETF (NYSEARCA:TBUX) in the 4th quarter, HoldingsChannel reports. The institutional investor purchased 5,591 shares of the company’s stock, valued at approximately $277,000.

Several other institutional investors have also modified their holdings of the company. Savvy Advisors Inc. lifted its position in T. Rowe Price Ultra Short-Term Bond ETF by 3.1% in the 3rd quarter. Savvy Advisors Inc. now owns 7,549 shares of the company’s stock valued at $376,000 after purchasing an additional 226 shares during the last quarter. United Advisor Group LLC raised its holdings in shares of T. Rowe Price Ultra Short-Term Bond ETF by 30.3% during the third quarter. United Advisor Group LLC now owns 10,691 shares of the company’s stock valued at $532,000 after buying an additional 2,483 shares during the last quarter. AdvisorNet Financial Inc boosted its position in shares of T. Rowe Price Ultra Short-Term Bond ETF by 32.1% during the fourth quarter. AdvisorNet Financial Inc now owns 11,828 shares of the company’s stock worth $586,000 after buying an additional 2,872 shares during the period. Geneos Wealth Management Inc. grew its holdings in T. Rowe Price Ultra Short-Term Bond ETF by 52.6% in the 4th quarter. Geneos Wealth Management Inc. now owns 10,723 shares of the company’s stock worth $532,000 after buying an additional 3,697 shares in the last quarter. Finally, Integrated Wealth Concepts LLC bought a new stake in T. Rowe Price Ultra Short-Term Bond ETF during the 3rd quarter valued at $222,000.

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

Shares of TBUX stock opened at $49.70 on Friday. The firm has a market capitalization of $155.56 million, a PE ratio of 2.24 and a beta of 0.01. T. Rowe Price Ultra Short-Term Bond ETF has a 1 year low of $49.19 and a 1 year high of $50.29. The stock has a fifty day moving average of $49.69 and a two-hundred day moving average 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.