Geneos Wealth Management Inc. Cuts Stake in T. Rowe Price Ultra Short-Term Bond ETF (NYSEARCA:TBUX)

Geneos Wealth Management Inc. lessened its holdings in shares of T. Rowe Price Ultra Short-Term Bond ETF (NYSEARCA:TBUX) by 57.7% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,755 shares of the company’s stock after selling 2,393 shares during the period. Geneos Wealth Management Inc. owned approximately 0.06% of T. Rowe Price Ultra Short-Term Bond ETF worth $87,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in the business. Austin Wealth Management LLC boosted its stake in T. Rowe Price Ultra Short-Term Bond ETF by 13.8% in the 4th quarter. Austin Wealth Management LLC now owns 80,274 shares of the company’s stock worth $3,967,000 after purchasing an additional 9,714 shares in the last quarter. Armor Investment Advisors LLC grew its holdings in shares of T. Rowe Price Ultra Short-Term Bond ETF by 7.2% during the fourth quarter. Armor Investment Advisors LLC now owns 57,752 shares of the company’s stock valued at $2,840,000 after buying an additional 3,859 shares during the last quarter. AdvisorNet Financial Inc acquired a new position in shares of T. Rowe Price Ultra Short-Term Bond ETF in the 1st quarter valued at $349,000. Milestone Asset Management LLC purchased a new position in T. Rowe Price Ultra Short-Term Bond ETF in the 1st quarter worth $1,120,000. Finally, Strategic Financial Concepts LLC acquired a new stake in T. Rowe Price Ultra Short-Term Bond ETF during the 1st quarter worth about $2,388,000.

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

T. Rowe Price Ultra Short-Term Bond ETF stock opened at $49.59 on Friday. The business’s 50-day simple moving average is $49.48 and its two-hundred day simple moving average is $49.39. The company has a market cap of $155.22 million, a PE ratio of 2.24 and a beta of 0.01. T. Rowe Price Ultra Short-Term Bond ETF has a fifty-two week low of $48.77 and a fifty-two week high of $49.72.

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.