McCarthy Asset Management Inc. Sells 798 Shares of T. Rowe Price Ultra Short-Term Bond ETF (NYSEARCA:TBUX)

McCarthy Asset Management Inc. lessened its holdings in T. Rowe Price Ultra Short-Term Bond ETF (NYSEARCA:TBUX) by 16.3% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 4,097 shares of the company’s stock after selling 798 shares during the period. McCarthy Asset Management Inc. owned 0.18% of T. Rowe Price Ultra Short-Term Bond ETF worth $202,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Commonwealth Equity Services LLC boosted its position in shares of T. Rowe Price Ultra Short-Term Bond ETF by 9.0% during the 3rd quarter. Commonwealth Equity Services LLC now owns 6,595 shares of the company’s stock valued at $322,000 after acquiring an additional 542 shares during the last quarter. Silver Oak Securities Incorporated lifted its position in T. Rowe Price Ultra Short-Term Bond ETF by 11.8% during the third quarter. Silver Oak Securities Incorporated now owns 18,442 shares of the company’s stock valued at $902,000 after purchasing an additional 1,944 shares during the last quarter. Armor Investment Advisors LLC grew its stake in T. Rowe Price Ultra Short-Term Bond ETF by 7.2% in the 4th quarter. Armor Investment Advisors LLC now owns 57,752 shares of the company’s stock worth $2,840,000 after buying an additional 3,859 shares in the last quarter. Finally, Austin Wealth Management LLC bought a new position in shares of T. Rowe Price Ultra Short-Term Bond ETF in the 3rd quarter worth $3,454,000.

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

Shares of NYSEARCA TBUX remained flat at $49.24 during mid-day trading on Friday. 42,585 shares of the stock were exchanged, compared to its average volume of 19,170. T. Rowe Price Ultra Short-Term Bond ETF has a 52 week low of $48.51 and a 52 week high of $49.65. The stock has a 50 day moving average of $49.37 and a 200 day moving average of $49.24. The stock has a market cap of $150.18 million, a PE ratio of 2.25 and a beta of 0.01.

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.