T. Rowe Price QM U.S. Bond ETF (NYSEARCA:TAGG) Hits New 1-Year Low – What’s Next?

Posted by Teresa Graham on Oct 7th, 2026

T. Rowe Price QM U.S. Bond ETF (NYSEARCA:TAGG – Get Free Report) hit a new 52-week low during mid-day trading on Monday. The company traded as low as $40.30 and last traded at $40.4440, with a volume of 745 shares changing hands. The stock had previously closed at $40.59.

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

The business has a 50 day simple moving average of $41.51 and a 200 day simple moving average of $42.13. The company has a market capitalization of $2.62 billion, a price-to-earnings ratio of 34.46 and a beta of 0.25.

Hedge Funds Weigh In On T. Rowe Price QM U.S. Bond ETF

Several hedge funds have recently bought and sold shares of the company. Envestnet Asset Management Inc. boosted its holdings in T. Rowe Price QM U.S. Bond ETF by 83.2% during the 2nd quarter. Envestnet Asset Management Inc. now owns 105,023 shares of the company’s stock valued at $4,460,000 after acquiring an additional 47,698 shares during the period. Integrated Wealth Concepts LLC purchased a new position in shares of T. Rowe Price QM U.S. Bond ETF in the second quarter valued at approximately $149,000. Citadel Advisors LLC boosted its stake in shares of T. Rowe Price QM U.S. Bond ETF by 158.9% in the second quarter. Citadel Advisors LLC now owns 55,918 shares of the company’s stock valued at $2,375,000 after purchasing an additional 34,321 shares during the period. Kickstand Ventures LLC. acquired a new position in shares of T. Rowe Price QM U.S. Bond ETF in the second quarter valued at approximately $23,887,000. Finally, Cetera Investment Advisers grew its holdings in shares of 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 purchasing an additional 30,739 shares in the last quarter. Institutional investors and hedge funds own 1.86% of the company’s stock.

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

(Get Free Report)

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.