United Advisor Group LLC Boosts Stake in T. Rowe Price Ultra Short-Term Bond ETF (NYSEARCA:TBUX)

United Advisor Group LLC raised its holdings in shares of T. Rowe Price Ultra Short-Term Bond ETF (NYSEARCA:TBUX) by 5.9% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 11,327 shares of the company’s stock after acquiring an additional 636 shares during the period. United Advisor Group LLC’s holdings in T. Rowe Price Ultra Short-Term Bond ETF were worth $561,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Principal Securities Inc. purchased a new position in T. Rowe Price Ultra Short-Term Bond ETF during the fourth quarter worth about $37,000. Farther Finance Advisors LLC grew its position in T. Rowe Price Ultra Short-Term Bond ETF by 406.7% during the fourth quarter. Farther Finance Advisors LLC now owns 760 shares of the company’s stock worth $38,000 after buying an additional 610 shares in the last quarter. 1620 Investment Advisors Inc. purchased a new position in T. Rowe Price Ultra Short-Term Bond ETF during the fourth quarter worth about $61,000. Latitude Advisors LLC purchased a new position in T. Rowe Price Ultra Short-Term Bond ETF during the fourth quarter worth about $221,000. Finally, L.K. Benson & Company P.C. purchased a new position in T. Rowe Price Ultra Short-Term Bond ETF during the fourth quarter worth about $276,000.

T. Rowe Price Ultra Short-Term Bond ETF Stock Up 0.2%

T. Rowe Price Ultra Short-Term Bond ETF stock opened at $49.90 on Monday. T. Rowe Price Ultra Short-Term Bond ETF has a 52 week low of $49.29 and a 52 week high of $50.29. The business has a 50-day simple moving average of $49.68 and a 200 day simple moving average of $49.70. The stock has a market cap of $444.11 million, a price-to-earnings ratio of 34.13 and a beta of 0.03.

T. Rowe Price Ultra Short-Term Bond ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, March 28th. Investors of record on Wednesday, March 26th were given a dividend of $0.1915 per share. This is a boost from T. Rowe Price Ultra Short-Term Bond ETF’s previous dividend of $0.19. The ex-dividend date of this dividend was Wednesday, March 26th.

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.