9823 Capital L.P. Makes New $2.11 Million Investment in T. Rowe Price Ultra Short-Term Bond ETF $TBUX

9823 Capital L.P. acquired a new position in T. Rowe Price Ultra Short-Term Bond ETF (NYSEARCA:TBUX) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 42,255 shares of the company’s stock, valued at approximately $2,106,000. T. Rowe Price Ultra Short-Term Bond ETF makes up about 1.5% of 9823 Capital L.P.’s investment portfolio, making the stock its 9th largest holding.

Several other hedge funds have also bought and sold shares of TBUX. CRA Financial Services LLC lifted its position in shares of T. Rowe Price Ultra Short-Term Bond ETF by 40.8% during the 4th quarter. CRA Financial Services LLC now owns 57,298 shares of the company’s stock valued at $2,856,000 after buying an additional 16,604 shares in the last quarter. Wealth Enhancement Advisory Services LLC lifted its position in shares of T. Rowe Price Ultra Short-Term Bond ETF by 229.3% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 21,127 shares of the company’s stock valued at $1,054,000 after buying an additional 14,711 shares in the last quarter. WESPAC Advisors LLC purchased a new position in shares of T. Rowe Price Ultra Short-Term Bond ETF during the 4th quarter valued at approximately $584,000. Fischer Investment Strategies LLC purchased a new position in shares of T. Rowe Price Ultra Short-Term Bond ETF during the 4th quarter valued at approximately $569,000. Finally, Brookwood Investment Group LLC purchased a new position in shares of T. Rowe Price Ultra Short-Term Bond ETF during the 4th quarter valued at approximately $1,424,000.

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

Shares of NYSEARCA:TBUX opened at $49.86 on Thursday. T. Rowe Price Ultra Short-Term Bond ETF has a 1 year low of $49.61 and a 1 year high of $50.14. The firm has a market capitalization of $1.10 billion, a price-to-earnings ratio of 34.13 and a beta of 0.03. The business’s 50 day moving average price is $49.84 and its 200-day moving average price is $49.87.

About T. Rowe Price Ultra Short-Term Bond ETF

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. TBUX was launched on Sep 28, 2021 and is managed by T. Rowe Price.