Essex Financial Services Inc. Has $1.74 Million Stock Holdings in T. Rowe Price Ultra Short-Term Bond ETF $TBUX

Essex Financial Services Inc. raised its position in T. Rowe Price Ultra Short-Term Bond ETF (NYSEARCA:TBUX) by 57.1% during the third quarter, according to its most recent 13F filing with the SEC. The fund owned 34,820 shares of the company’s stock after buying an additional 12,660 shares during the period. Essex Financial Services Inc.’s holdings in T. Rowe Price Ultra Short-Term Bond ETF were worth $1,735,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. ARS Wealth Advisors Group LLC acquired a new position in shares of T. Rowe Price Ultra Short-Term Bond ETF during the third quarter valued at $64,994,000. Raymond James Financial Inc. increased its position in T. Rowe Price Ultra Short-Term Bond ETF by 22.2% in the second quarter. Raymond James Financial Inc. now owns 920,451 shares of the company’s stock worth $45,783,000 after purchasing an additional 167,250 shares during the period. Strategic Financial Concepts LLC raised its holdings in T. Rowe Price Ultra Short-Term Bond ETF by 6.4% during the 2nd quarter. Strategic Financial Concepts LLC now owns 293,952 shares of the company’s stock worth $14,642,000 after purchasing an additional 17,637 shares during the last quarter. Jones Financial Companies Lllp raised its holdings in T. Rowe Price Ultra Short-Term Bond ETF by 70.5% during the 3rd quarter. Jones Financial Companies Lllp now owns 231,536 shares of the company’s stock worth $11,530,000 after purchasing an additional 95,708 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. lifted its position in T. Rowe Price Ultra Short-Term Bond ETF by 88.1% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 174,999 shares of the company’s stock valued at $8,704,000 after purchasing an additional 81,986 shares during the period.

T. Rowe Price Ultra Short-Term Bond ETF Trading Up 0.0%

Shares of NYSEARCA TBUX opened at $49.97 on Thursday. T. Rowe Price Ultra Short-Term Bond ETF has a 1 year low of $49.44 and a 1 year high of $50.05. The firm’s 50-day moving average is $49.91 and its 200-day moving average is $49.89. The firm has a market capitalization of $878.47 million, a PE ratio of 34.13 and a beta of 0.03.

T. Rowe Price Ultra Short-Term Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, January 29th. Shareholders of record on Tuesday, January 27th were issued a dividend of $0.1744 per share. This represents a c) dividend on an annualized basis and a yield of 4.2%. The ex-dividend date of this dividend was Tuesday, January 27th.

T. Rowe Price Ultra Short-Term Bond ETF Company 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. TBUX was launched on Sep 28, 2021 and is managed by T. Rowe Price.