T. Rowe Price Intermediate Municipal Income ETF (NASDAQ:TAXE) Trading Up 0% – Time to Buy?

T. Rowe Price Intermediate Municipal Income ETF (NASDAQ:TAXE) traded up 0% during trading on Friday . The stock traded as high as $52.00 and last traded at $51.99. 4,252 shares changed hands during mid-day trading, a decline of 73% from the average session volume of 15,981 shares. The stock had previously closed at $51.97.

T. Rowe Price Intermediate Municipal Income ETF Stock Performance

The stock has a 50-day moving average price of $51.45 and a two-hundred day moving average price of $50.99.

T. Rowe Price Intermediate Municipal Income ETF Increases Dividend

The company also recently declared a dividend, which was paid on Friday, December 26th. Shareholders of record on Tuesday, December 23rd were issued a dividend of $0.1622 per share. This is an increase from T. Rowe Price Intermediate Municipal Income ETF’s previous dividend of $0.12. The ex-dividend date of this dividend was Tuesday, December 23rd.

Institutional Trading of T. Rowe Price Intermediate Municipal Income ETF

Several institutional investors and hedge funds have recently modified their holdings of the company. Jane Street Group LLC boosted its holdings in T. Rowe Price Intermediate Municipal Income ETF by 12.5% in the 2nd quarter. Jane Street Group LLC now owns 9,536 shares of the company’s stock worth $474,000 after buying an additional 1,062 shares during the period. Truist Financial Corp lifted its position in shares of T. Rowe Price Intermediate Municipal Income ETF by 57.1% in the fourth quarter. Truist Financial Corp now owns 7,153 shares of the company’s stock valued at $366,000 after acquiring an additional 2,599 shares in the last quarter. Magnolia Capital Advisors LLC purchased a new position in shares of T. Rowe Price Intermediate Municipal Income ETF in the fourth quarter valued at about $204,000. Kestra Advisory Services LLC bought a new position in shares of T. Rowe Price Intermediate Municipal Income ETF in the fourth quarter worth about $220,000. Finally, Envestnet Asset Management Inc. purchased a new stake in shares of T. Rowe Price Intermediate Municipal Income ETF during the third quarter worth about $231,000.

T. Rowe Price Intermediate Municipal Income ETF Company Profile

The T. Rowe Price Intermediate Municipal Income ETF (TAXE) is an exchange-traded fund. The ETF currently has 26.49m in AUM and 102 holdings. TAXE is actively managed, seeking the highest level of income by targeting municipal securities that are exempt from federal income taxes TAXE was launched on Jul 9, 2024 and is issued by T. Rowe Price.