Poplar Forest Capital LLC Lowers Stock Holdings in T. Rowe Price U.S. High Yield ETF (NYSEARCA:THYF)

Poplar Forest Capital LLC decreased its position in shares of T. Rowe Price U.S. High Yield ETF (NYSEARCA:THYF) by 8.8% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 4,400 shares of the company’s stock after selling 425 shares during the quarter. Poplar Forest Capital LLC’s holdings in T. Rowe Price U.S. High Yield ETF were worth $229,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of THYF. AdvisorNet Financial Inc lifted its stake in shares of T. Rowe Price U.S. High Yield ETF by 9.2% during the 4th quarter. AdvisorNet Financial Inc now owns 10,728 shares of the company’s stock valued at $559,000 after buying an additional 907 shares in the last quarter. Allworth Financial LP purchased a new position in shares of T. Rowe Price U.S. High Yield ETF during the 4th quarter valued at $1,066,000. Jane Street Group LLC purchased a new position in shares of T. Rowe Price U.S. High Yield ETF during the 3rd quarter valued at $1,534,000. Intergy Private Wealth LLC lifted its stake in shares of T. Rowe Price U.S. High Yield ETF by 3.7% during the 4th quarter. Intergy Private Wealth LLC now owns 30,161 shares of the company’s stock valued at $1,571,000 after buying an additional 1,080 shares in the last quarter. Finally, Elm3 Financial Group LLC purchased a new position in shares of T. Rowe Price U.S. High Yield ETF during the 4th quarter valued at $1,614,000.

T. Rowe Price U.S. High Yield ETF Stock Performance

THYF opened at $52.48 on Friday. T. Rowe Price U.S. High Yield ETF has a fifty-two week low of $50.87 and a fifty-two week high of $54.77. The firm’s fifty day moving average is $52.42 and its 200 day moving average is $52.35. The stock has a market cap of $481.77 million, a price-to-earnings ratio of 20.93 and a beta of 0.44.

T. Rowe Price U.S. High Yield ETF Dividend Announcement

The business also recently declared a dividend, which was paid on Thursday, February 27th. Shareholders of record on Tuesday, February 25th were paid a $0.3163 dividend. The ex-dividend date was Tuesday, February 25th.

T. Rowe Price U.S. High Yield ETF Profile

The T. Rowe Price U.S. High Yield ETF (THYF) is an exchange-traded fund. The ETF currently has 21.58m in AUM and 110 holdings. THYF is actively managed to hold a broad portfolio of US high-yield corporate bonds of any maturity. THYF was launched on Oct 25, 2022 and is managed by T. Rowe Price.