Cambridge Investment Research Advisors Inc. Reduces Position in T. Rowe Price Ultra Short-Term Bond ETF (NYSEARCA:TBUX)

Cambridge Investment Research Advisors Inc. lowered its position in shares of T. Rowe Price Ultra Short-Term Bond ETF (NYSEARCA:TBUX) by 25.2% in the first quarter, HoldingsChannel.com reports. The firm owned 188,631 shares of the company’s stock after selling 63,706 shares during the quarter. Cambridge Investment Research Advisors Inc.’s holdings in T. Rowe Price Ultra Short-Term Bond ETF were worth $9,364,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of TBUX. Principal Securities Inc. purchased a new stake in T. Rowe Price Ultra Short-Term Bond ETF during the fourth quarter worth approximately $37,000. Jones Financial Companies Lllp lifted its holdings in shares of T. Rowe Price Ultra Short-Term Bond ETF by 1,884.7% in the 4th quarter. Jones Financial Companies Lllp now owns 26,377 shares of the company’s stock valued at $1,308,000 after purchasing an additional 25,048 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in shares of T. Rowe Price Ultra Short-Term Bond ETF in the 4th quarter valued at about $35,861,000. Farther Finance Advisors LLC increased its position in T. Rowe Price Ultra Short-Term Bond ETF by 406.7% during the fourth quarter. Farther Finance Advisors LLC now owns 760 shares of the company’s stock worth $38,000 after buying an additional 610 shares during the period. Finally, Austin Wealth Management LLC boosted its holdings in shares of T. Rowe Price Ultra Short-Term Bond ETF by 7.1% in the fourth quarter. Austin Wealth Management LLC now owns 94,645 shares of the company’s stock valued at $4,712,000 after acquiring an additional 6,277 shares during the period.

T. Rowe Price Ultra Short-Term Bond ETF Trading Down 0.4%

Shares of TBUX opened at $49.70 on Thursday. The company’s 50 day simple moving average is $49.72 and its 200-day simple moving average is $49.70. T. Rowe Price Ultra Short-Term Bond ETF has a 12-month low of $49.35 and a 12-month high of $50.29. The firm has a market cap of $498.49 million, a PE ratio of 34.13 and a beta of 0.03.

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.