Focus Financial Network Inc. Invests $277,000 in T. Rowe Price Ultra Short-Term Bond ETF (NYSEARCA:TBUX)

Focus Financial Network Inc. purchased a new position in shares of T. Rowe Price Ultra Short-Term Bond ETF (NYSEARCA:TBUX) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 5,591 shares of the company’s stock, valued at approximately $277,000. Focus Financial Network Inc. owned about 0.18% of T. Rowe Price Ultra Short-Term Bond ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also bought and sold shares of the company. Strategic Financial Concepts LLC lifted its holdings in T. Rowe Price Ultra Short-Term Bond ETF by 5,874.0% during the 4th quarter. Strategic Financial Concepts LLC now owns 13,220,746 shares of the company’s stock worth $655,379,000 after buying an additional 12,999,442 shares during the last quarter. Stifel Financial Corp lifted its stake in T. Rowe Price Ultra Short-Term Bond ETF by 2,462.0% during the third quarter. Stifel Financial Corp now owns 179,416 shares of the company’s stock worth $8,928,000 after purchasing an additional 172,413 shares during the last quarter. Janney Montgomery Scott LLC acquired a new position in T. Rowe Price Ultra Short-Term Bond ETF in the fourth quarter worth $3,097,000. Beaumont Financial Advisors LLC bought a new stake in T. Rowe Price Ultra Short-Term Bond ETF during the fourth quarter valued at $1,805,000. Finally, MidAtlantic Capital Management Inc. acquired a new stake in shares of T. Rowe Price Ultra Short-Term Bond ETF during the third quarter worth $970,000.

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

NYSEARCA TBUX opened at $49.70 on Friday. 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 has a 50-day simple moving average of $49.69 and a 200-day simple moving average of $49.74. The firm has a market capitalization of $155.56 million, a PE ratio of 2.24 and a beta of 0.01.

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.