Citadel Advisors LLC Raises Holdings in T. Rowe Price QM U.S. Bond ETF $TAGG

Citadel Advisors LLC boosted its holdings in shares of T. Rowe Price QM U.S. Bond ETF (NYSEARCA:TAGG) by 158.9% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 55,918 shares of the company’s stock after acquiring an additional 34,321 shares during the quarter. Citadel Advisors LLC’s holdings in T. Rowe Price QM U.S. Bond ETF were worth $2,375,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Kickstand Ventures LLC. acquired a new stake in shares of T. Rowe Price QM U.S. Bond ETF during the 2nd quarter worth about $23,887,000. Cetera Investment Advisers lifted its position in T. Rowe Price QM U.S. Bond ETF by 61.8% in the first quarter. Cetera Investment Advisers now owns 80,487 shares of the company’s stock valued at $3,429,000 after buying an additional 30,739 shares during the last quarter. Bank of New York Mellon Corp lifted its position in T. Rowe Price QM U.S. Bond ETF by 97.1% in the first quarter. Bank of New York Mellon Corp now owns 167,517 shares of the company’s stock valued at $7,136,000 after buying an additional 82,515 shares during the last quarter. Fifth Third Bancorp purchased a new position in T. Rowe Price QM U.S. Bond ETF during the first quarter worth about $511,000. Finally, Rothschild Investment LLC boosted its stake in T. Rowe Price QM U.S. Bond ETF by 11.0% during the fourth quarter. Rothschild Investment LLC now owns 18,725 shares of the company’s stock worth $806,000 after buying an additional 1,850 shares during the period. Hedge funds and other institutional investors own 1.86% of the company’s stock.

T. Rowe Price QM U.S. Bond ETF Price Performance

Shares of TAGG opened at $41.67 on Wednesday. The firm has a 50-day simple moving average of $41.99 and a two-hundred day simple moving average of $42.44. The stock has a market cap of $2.32 billion, a PE ratio of 34.46 and a beta of 0.25. T. Rowe Price QM U.S. Bond ETF has a 1-year low of $41.59 and a 1-year high of $43.72.

T. Rowe Price QM U.S. Bond ETF Company Profile

The T. Rowe Price QM U.S. Bond ETF (TAGG) is an exchange-traded fund that is based on the Bloomberg U.S. Aggregate Bond index. The ETF currently has 37.94m in AUM and 445 holdings. TAGG is an actively-managed fund that holds a wide array of USD-denominated investment-grade bonds with broad maturities. TAGG was launched on Sep 28, 2021 and is managed by T. Rowe Price.