Northwestern Mutual Wealth Management Co. Purchases 15,166 Shares of T. Rowe Price Ultra Short-Term Bond ETF $TBUX

Northwestern Mutual Wealth Management Co. increased its position in T. Rowe Price Ultra Short-Term Bond ETF (NYSEARCA:TBUX) by 7.9% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 207,477 shares of the company’s stock after acquiring an additional 15,166 shares during the quarter. Northwestern Mutual Wealth Management Co. owned about 1.18% of T. Rowe Price Ultra Short-Term Bond ETF worth $10,343,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. 1620 Investment Advisors Inc. boosted its position in shares of T. Rowe Price Ultra Short-Term Bond ETF by 31.1% in the fourth quarter. 1620 Investment Advisors Inc. now owns 2,532 shares of the company’s stock valued at $126,000 after acquiring an additional 601 shares during the period. Sanctuary Advisors LLC bought a new stake in T. Rowe Price Ultra Short-Term Bond ETF during the fourth quarter valued at approximately $210,000. Encompass More Asset Management bought a new stake in T. Rowe Price Ultra Short-Term Bond ETF during the fourth quarter valued at approximately $212,000. Planning Directions Inc. bought a new stake in T. Rowe Price Ultra Short-Term Bond ETF during the fourth quarter valued at approximately $216,000. Finally, Catalyst Financial Partners LLC bought a new stake in T. Rowe Price Ultra Short-Term Bond ETF during the fourth quarter valued at approximately $249,000.

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

Shares of T. Rowe Price Ultra Short-Term Bond ETF stock opened at $49.81 on Tuesday. T. Rowe Price Ultra Short-Term Bond ETF has a 1 year low of $49.64 and a 1 year high of $50.14. The firm has a market cap of $1.10 billion, a PE ratio of 34.13 and a beta of 0.03. The company has a 50 day simple moving average of $49.82 and a two-hundred day simple moving average of $49.87.

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