Silver Oak Securities Incorporated Boosts Stake in T. Rowe Price Ultra Short-Term Bond ETF (NYSEARCA:TBUX)

Silver Oak Securities Incorporated raised its holdings in shares of T. Rowe Price Ultra Short-Term Bond ETF (NYSEARCA:TBUX) by 27.0% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 24,885 shares of the company’s stock after buying an additional 5,295 shares during the quarter. Silver Oak Securities Incorporated owned about 0.80% of T. Rowe Price Ultra Short-Term Bond ETF worth $1,239,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Fortitude Family Office LLC bought a new stake in T. Rowe Price Ultra Short-Term Bond ETF during the second quarter worth about $45,000. 4J Wealth Management LLC bought a new stake in T. Rowe Price Ultra Short-Term Bond ETF during the second quarter worth about $227,000. CRA Financial Services LLC bought a new stake in T. Rowe Price Ultra Short-Term Bond ETF during the second quarter worth about $319,000. AdvisorNet Financial Inc lifted its stake in T. Rowe Price Ultra Short-Term Bond ETF by 8.1% during the second quarter. AdvisorNet Financial Inc now owns 7,648 shares of the company’s stock worth $378,000 after purchasing an additional 571 shares during the last quarter. Finally, RFG Advisory LLC bought a new stake in T. Rowe Price Ultra Short-Term Bond ETF during the second quarter worth about $599,000.

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

Shares of TBUX stock opened at $49.87 on Friday. The stock has a market capitalization of $156.09 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 $48.81 and a 1-year high of $50.29. The business has a 50-day moving average of $49.81 and a 200 day moving average of $49.61.

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.