Dahring Cusmano LLC Acquires New Position in T. Rowe Price Ultra Short-Term Bond ETF (NYSEARCA:TBUX)

Dahring Cusmano LLC acquired a new stake in shares of T. Rowe Price Ultra Short-Term Bond ETF (NYSEARCA:TBUX) in the 4th quarter, HoldingsChannel.com reports. The institutional investor acquired 21,788 shares of the company’s stock, valued at approximately $1,080,000. T. Rowe Price Ultra Short-Term Bond ETF comprises approximately 1.0% of Dahring Cusmano LLC’s portfolio, making the stock its 17th biggest holding.

Other large investors also recently bought and sold shares of the company. 3EDGE Asset Management LP boosted its holdings in T. Rowe Price Ultra Short-Term Bond ETF by 99.0% in the 4th quarter. 3EDGE Asset Management LP now owns 186,241 shares of the company’s stock valued at $9,232,000 after purchasing an additional 92,674 shares during the last quarter. Allworth Financial LP acquired a new position in T. Rowe Price Ultra Short-Term Bond ETF in the 4th quarter valued at about $479,000. Strategic Financial Concepts LLC boosted its holdings in T. Rowe Price Ultra Short-Term Bond ETF by 20.5% in the 4th quarter. Strategic Financial Concepts LLC now owns 266,741 shares of the company’s stock valued at $13,223,000 after purchasing an additional 45,437 shares during the last quarter. Principal Securities Inc. acquired a new position in T. Rowe Price Ultra Short-Term Bond ETF in the 4th quarter valued at about $37,000. Finally, MidAtlantic Capital Management Inc. boosted its holdings in T. Rowe Price Ultra Short-Term Bond ETF by 25.7% in the 4th quarter. MidAtlantic Capital Management Inc. now owns 24,498 shares of the company’s stock valued at $1,214,000 after purchasing an additional 5,005 shares during the last quarter.

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

NYSEARCA:TBUX opened at $49.82 on Friday. The firm has a market capitalization of $155.94 million, a price-to-earnings ratio of 2.24 and a beta of 0.01. The company’s 50-day moving average is $49.69 and its two-hundred day moving average is $49.74. T. Rowe Price Ultra Short-Term Bond ETF has a 1-year low of $49.19 and a 1-year high of $50.29.

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.