T. Rowe Price Intermediate Municipal Income ETF (NASDAQ:TAXE) Shareholders to Receive $0.16 Monthly Dividend

T. Rowe Price Intermediate Municipal Income ETF (NASDAQ:TAXE) declared a monthly dividend on Thursday, September 24th. Investors of record on Friday, September 25th will be paid a dividend of $0.1555 per share on Tuesday, September 29th. This represents a $1.87 dividend on an annualized basis and a yield of 3.8%. The ex-dividend date is Friday, September 25th. This is a 3.9% decrease from T. Rowe Price Intermediate Municipal Income ETF’s previous monthly dividend of $0.1618.

T. Rowe Price Intermediate Municipal Income ETF Trading Down 0.3%

TAXE stock opened at $48.92 on Friday. The stock has a 50-day moving average price of $50.19 and a two-hundred day moving average price of $50.80. T. Rowe Price Intermediate Municipal Income ETF has a 1 year low of $48.82 and a 1 year high of $52.03.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of TAXE. Integrated Wealth Concepts LLC acquired a new stake in T. Rowe Price Intermediate Municipal Income ETF in the 2nd quarter valued at approximately $424,000. KFG Wealth Management LLC acquired a new position in T. Rowe Price Intermediate Municipal Income ETF during the 2nd quarter worth approximately $623,000. Wedbush Securities Inc. bought a new position in shares of T. Rowe Price Intermediate Municipal Income ETF during the 2nd quarter worth approximately $7,919,000. Cetera Investment Advisers bought a new position in shares of T. Rowe Price Intermediate Municipal Income ETF during the 1st quarter worth approximately $2,279,000. Finally, Private Advisor Group LLC raised its holdings in shares of T. Rowe Price Intermediate Municipal Income ETF by 35.8% in the first quarter. Private Advisor Group LLC now owns 8,150 shares of the company’s stock valued at $413,000 after purchasing an additional 2,150 shares during the last quarter.

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.