Strategic Financial Concepts LLC Buys 12,999,442 Shares of T. Rowe Price Ultra Short-Term Bond ETF (NYSEARCA:TBUX)

Strategic Financial Concepts LLC raised its stake in shares of T. Rowe Price Ultra Short-Term Bond ETF (NYSEARCA:TBUX) by 5,874.0% during the fourth quarter, Holdings Channel reports. The firm owned 13,220,746 shares of the company’s stock after buying an additional 12,999,442 shares during the quarter. T. Rowe Price Ultra Short-Term Bond ETF makes up approximately 1.3% of Strategic Financial Concepts LLC’s portfolio, making the stock its 17th biggest position. Strategic Financial Concepts LLC owned about 4.22% of T. Rowe Price Ultra Short-Term Bond ETF worth $655,379,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in TBUX. Savvy Advisors Inc. boosted its position in shares of T. Rowe Price Ultra Short-Term Bond ETF by 3.1% during the third quarter. Savvy Advisors Inc. now owns 7,549 shares of the company’s stock valued at $376,000 after purchasing an additional 226 shares in the last quarter. CRA Financial Services LLC lifted its position in T. Rowe Price Ultra Short-Term Bond ETF by 28.9% during the third quarter. CRA Financial Services LLC now owns 8,332 shares of the company’s stock valued at $415,000 after buying an additional 1,870 shares during the period. United Advisor Group LLC boosted its holdings in shares of T. Rowe Price Ultra Short-Term Bond ETF by 30.3% during the 3rd quarter. United Advisor Group LLC now owns 10,691 shares of the company’s stock valued at $532,000 after buying an additional 2,483 shares in the last quarter. AdvisorNet Financial Inc grew its position in shares of T. Rowe Price Ultra Short-Term Bond ETF by 32.1% in the 4th quarter. AdvisorNet Financial Inc now owns 11,828 shares of the company’s stock worth $586,000 after buying an additional 2,872 shares during the period. Finally, Geneos Wealth Management Inc. increased its stake in shares of T. Rowe Price Ultra Short-Term Bond ETF by 52.6% in the 4th quarter. Geneos Wealth Management Inc. now owns 10,723 shares of the company’s stock worth $532,000 after acquiring an additional 3,697 shares in the last quarter.

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

NYSEARCA:TBUX opened at $49.66 on Friday. The firm has a market capitalization of $155.44 million, a P/E ratio of 2.24 and a beta of 0.01. 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’s 50-day simple moving average is $49.69 and its 200 day simple moving average is $49.74.

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.