Strategic Financial Concepts LLC Has $13.22 Million Stake in T. Rowe Price Ultra Short-Term Bond ETF (NYSEARCA:TBUX)

Strategic Financial Concepts LLC increased its holdings in T. Rowe Price Ultra Short-Term Bond ETF (NYSEARCA:TBUX) by 20.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 266,741 shares of the company’s stock after buying an additional 45,437 shares during the period. Strategic Financial Concepts LLC owned 0.09% of T. Rowe Price Ultra Short-Term Bond ETF worth $13,223,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Principal Securities Inc. acquired a new stake in shares of T. Rowe Price Ultra Short-Term Bond ETF in the fourth quarter valued at approximately $37,000. MidAtlantic Capital Management Inc. raised its position in shares of T. Rowe Price Ultra Short-Term Bond ETF by 25.7% in the fourth quarter. MidAtlantic Capital Management Inc. now owns 24,498 shares of the company’s stock valued at $1,214,000 after buying an additional 5,005 shares in the last quarter. Latitude Advisors LLC acquired a new position in T. Rowe Price Ultra Short-Term Bond ETF during the fourth quarter valued at approximately $221,000. Armor Investment Advisors LLC raised its position in T. Rowe Price Ultra Short-Term Bond ETF by 3.9% during the fourth quarter. Armor Investment Advisors LLC now owns 54,424 shares of the company’s stock valued at $2,698,000 after purchasing an additional 2,038 shares in the last quarter. Finally, Focus Financial Network Inc. acquired a new position in T. Rowe Price Ultra Short-Term Bond ETF during the fourth quarter valued at approximately $277,000.

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

Shares of TBUX opened at $49.70 on Friday. T. Rowe Price Ultra Short-Term Bond ETF has a one year low of $49.19 and a one year high of $50.29. The company has a market cap of $155.56 million, a P/E ratio of 2.24 and a beta of 0.01. The firm has a 50 day simple moving average of $49.69 and a two-hundred day simple moving average of $49.74.

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.