IFP Advisors Inc Makes New Investment in T. Rowe Price QM U.S. Bond ETF (NYSEARCA:TAGG)

IFP Advisors Inc purchased a new position in shares of T. Rowe Price QM U.S. Bond ETF (NYSEARCA:TAGG) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 14,241 shares of the company’s stock, valued at approximately $596,000. IFP Advisors Inc owned approximately 0.66% of T. Rowe Price QM U.S. Bond ETF at the end of the most recent quarter.

Separately, Farther Finance Advisors LLC raised its holdings in shares of T. Rowe Price QM U.S. Bond ETF by 23.7% during the third quarter. Farther Finance Advisors LLC now owns 2,090 shares of the company’s stock valued at $91,000 after acquiring an additional 400 shares during the last quarter. 1.86% of the stock is owned by hedge funds and other institutional investors.

T. Rowe Price QM U.S. Bond ETF Price Performance

Shares of T. Rowe Price QM U.S. Bond ETF stock opened at $42.80 on Friday. The business has a 50 day simple moving average of $41.99 and a two-hundred day simple moving average of $42.70. T. Rowe Price QM U.S. Bond ETF has a 12 month low of $40.95 and a 12 month high of $44.33. The stock has a market capitalization of $308.16 million, a P/E ratio of 34.47 and a beta of 0.31.

T. Rowe Price QM U.S. Bond ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Thursday, February 27th. Shareholders of record on Tuesday, February 25th were issued a dividend of $0.1195 per share. The ex-dividend date was Tuesday, February 25th.

About T. Rowe Price QM U.S. Bond ETF

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.