T. Rowe Price QM U.S. Bond ETF (NYSEARCA:TAGG) Trading Up 0.1% – Here’s What Happened

T. Rowe Price QM U.S. Bond ETF (NYSEARCA:TAGG) shares shot up 0.1% during trading on Tuesday . The stock traded as high as $41.73 and last traded at $41.70. 3,650 shares traded hands during trading, an increase of 105% from the average session volume of 1,782 shares. The stock had previously closed at $41.67.

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

The stock has a market cap of $89.66 million, a PE ratio of 1.87 and a beta of 0.14. The stock’s fifty day moving average is $42.51 and its 200-day moving average is $42.83.

Hedge Funds Weigh In On T. Rowe Price QM U.S. Bond ETF

An institutional investor recently raised its position in T. Rowe Price QM U.S. Bond ETF stock. Farther Finance Advisors LLC increased its holdings in shares of T. Rowe Price QM U.S. Bond ETF (NYSEARCA:TAGG) by 23.7% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 2,090 shares of the company’s stock after buying an additional 400 shares during the period. Farther Finance Advisors LLC owned about 0.10% of T. Rowe Price QM U.S. Bond ETF worth $91,000 at the end of the most recent quarter. 1.86% of the stock is currently owned by hedge funds and other institutional investors.

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.