IFP Advisors Inc Invests $596,000 in T. Rowe Price QM U.S. Bond ETF (NYSEARCA:TAGG)

IFP Advisors Inc purchased a new position in shares of T. Rowe Price QM U.S. Bond ETF (NYSEARCA:TAGG) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 14,241 shares of the company’s stock, valued at approximately $596,000.

Separately, Farther Finance Advisors LLC boosted its holdings in T. Rowe Price QM U.S. Bond ETF by 23.7% in the third quarter. Farther Finance Advisors LLC now owns 2,090 shares of the company’s stock valued at $91,000 after purchasing an additional 400 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 Trading Up 0.4 %

NYSEARCA:TAGG opened at $42.80 on Friday. The firm has a market cap of $308.16 million, a PE ratio of 34.47 and a beta of 0.31. The stock has a fifty day moving average price of $41.99 and a 200 day moving average price of $42.70. T. Rowe Price QM U.S. Bond ETF has a 12-month low of $40.95 and a 12-month high of $44.33.

T. Rowe Price QM U.S. Bond ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Thursday, February 27th. Shareholders of record on Tuesday, February 25th were paid a $0.1195 dividend. The ex-dividend date of this dividend was Tuesday, February 25th.

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.