1900 Wealth Management LLC Has $1.27 Million Stake in T. Rowe Price QM U.S. Bond ETF (NYSEARCA:TAGG)

1900 Wealth Management LLC boosted its holdings in T. Rowe Price QM U.S. Bond ETF (NYSEARCA:TAGG) by 20.7% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 29,984 shares of the company’s stock after buying an additional 5,150 shares during the period. 1900 Wealth Management LLC owned approximately 1.39% of T. Rowe Price QM U.S. Bond ETF worth $1,267,000 as of its most recent SEC filing.

Separately, Farther Finance Advisors LLC raised its position in shares of T. Rowe Price QM U.S. Bond ETF by 23.7% during the 3rd 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. Institutional investors and hedge funds own 1.86% of the company’s stock.

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

Shares of TAGG stock traded up $0.05 during trading hours on Friday, reaching $42.59. The company had a trading volume of 5 shares, compared to its average volume of 1,794. T. Rowe Price QM U.S. Bond ETF has a 1-year low of $40.48 and a 1-year high of $44.33. The company has a 50 day moving average of $43.31 and a 200 day moving average of $42.65. The firm has a market cap of $91.57 million, a price-to-earnings ratio of 1.87 and a beta of 0.14.

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.