T. Rowe Price QM U.S. Bond ETF (NYSEARCA:TAGG) Shares Up 0.1% – Here’s What Happened

Shares of T. Rowe Price QM U.S. Bond ETF (NYSEARCA:TAGG) traded up 0.1% during mid-day trading on Tuesday . The company traded as high as $41.73 and last traded at $41.70. 3,650 shares changed hands during trading, an increase of 105% from the average session volume of 1,782 shares. The stock had previously closed at $41.67.

T. Rowe Price QM U.S. Bond ETF Stock Up 0.1 %

The stock has a market capitalization of $89.66 million, a price-to-earnings ratio of 1.87 and a beta of 0.14. The firm has a fifty day moving average of $42.51 and a 200-day moving average of $42.83.

Institutional Inflows and Outflows

An institutional investor recently raised its position in T. Rowe Price QM U.S. Bond ETF stock. Farther Finance Advisors LLC raised its holdings in T. Rowe Price QM U.S. Bond ETF (NYSEARCA:TAGG) by 23.7% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,090 shares of the company’s stock after buying an additional 400 shares during the quarter. Farther Finance Advisors LLC owned approximately 0.10% of T. Rowe Price QM U.S. Bond ETF worth $91,000 at the end of the most recent quarter. 1.86% of the stock is currently owned by institutional investors.

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

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.