Vault-13

T ROWE PRICE EXCHANGE-TRADED TAGG

QM US BOND ETF · ETP · CUSIP 87283Q602

42 institutional holders +12 vs Q1 2026
37,275,67437.3m shares reported held*
$2.2bnreported value*
14 new 19 added 7 reduced 3 sold out net bought ≈ $432.7m (+11.0m shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $57.93.

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

0204060Q3 22: 4Q4 22: 3Q1 23: 3Q2 23: 4Q3 23: 7Q4 23: 10Q1 24: 10Q2 24: 12Q3 24: 10Q4 24: 10Q1 25: 14Q2 25: 26Q3 25: 25Q4 25: 27Q1 26: 30Q2 26: 4242Q3 22Q3 23Q3 24Q3 25Q2 26
Numbers
QuarterHolders
Q3 20224
Q4 20223
Q1 20233
Q2 20234
Q3 20237
Q4 202310
Q1 202410
Q2 202412
Q3 202410
Q4 202410
Q1 202514
Q2 202526
Q3 202525
Q4 202527
Q1 202630
Q2 202642

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
40040Q3 24: 4 bought or addedQ3 24: 6 cut or sold outQ4 24: 7 bought or addedQ4 24: 5 cut or sold outQ4 24Q1 25: 8 bought or addedQ1 25: 5 cut or sold outQ2 25: 22 bought or addedQ2 25: 3 cut or sold outQ2 25Q3 25: 19 bought or addedQ3 25: 9 cut or sold outQ4 25: 19 bought or addedQ4 25: 8 cut or sold outQ4 25Q1 26: 24 bought or addedQ1 26: 7 cut or sold outQ2 26: 33 bought or addedQ2 26: 10 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q3 202446
Q4 202475
Q1 202585
Q2 2025223
Q3 2025199
Q4 2025198
Q1 2026247
Q2 20263310

Biggest buyers

PRICE T ROWE ASSOCIATES INC /MD/ Added +7,644,748+7.6m
LPL Financial LLC Added +2,791,283+2.8m
KICKSTAND VENTURES, LLC. New +562,513+562.5k
JPMORGAN CHASE & CO Added +62,251+62.3k
MORGAN STANLEY Added +58,591+58.6k
COMMONWEALTH EQUITY SERVICES, LLC Added +57,847+57.8k
ENVESTNET ASSET MANAGEMENT INC Added +47,698+47.7k
Cetera Investment Advisers Added +46,856+46.9k
JONES FINANCIAL COMPANIES LLLP Added +40,751+40.8k
CITADEL ADVISORS LLC Added +34,321+34.3k

Biggest sellers

PRICE T ROWE ASSOCIATES INC /MD/ Reduced -848,939-848.9k
RAYMOND JAMES FINANCIAL INC Reduced -248,566-248.6k
Bank of New York Mellon Corp Reduced -162,676-162.7k
JANE STREET GROUP, LLC Sold out -6,754-6.8k
FIFTH THIRD BANCORP Reduced -911-911
Farther Finance Advisors, LLC Reduced -800-800
Savvy Advisors, Inc. Reduced -614-614
Parallel Advisors, LLC Sold out -495-495
1900 WEALTH MANAGEMENT LLC Reduced -456-456
Root Financial Partners, LLC Sold out -349-349

Holders, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 PRICE T ROWE ASSOCIATES INC /MD/ 0.14% of their portfolio BALTIMORE, MD 32,161,71232.2m $1.4bn $1.4bn 0.14% Added +7.6m +7,644,748
2 PRICE T ROWE ASSOCIATES INC /MD/ 0.06% of their portfolio BALTIMORE, MD 13,573,12913.6m $576.4m $576.4m 0.06% Reduced -848.9k -848,939
3 LPL Financial LLC 0.03% of their portfolio FORT MILL, SC 2,796,8452.8m $118.8m $118.8m 0.03% Added +2.8m +2,791,283
4 KICKSTAND VENTURES, LLC. 4.34% of their portfolio PITTSFORD, NY 562,513562.5k $23.9m $23.9m 4.34% New
5 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 448,396448.4k $19.0m $19.0m 0.00% Added +58.6k +58,591
6 Towerpoint Wealth, LLC 4.79% of their portfolio SACRAMENTO, CA 324,622324.6k $13.8m $13.8m 4.79% Added +17.8k +17,772
7 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 127,343127.3k $5.4m $5.4m 0.00% Added +46.9k +46,856
8 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 122,139122.1k $5.2m $5.2m 0.00% Reduced -248.6k -248,566
9 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 105,023105.0k $4.5m $4.5m 0.00% Added +47.7k +47,698
10 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 97,95198.0k $4.2m $4.2m 0.01% Added +57.8k +57,847
11 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 76,78476.8k $3.3m $3.3m 0.00% Added +40.8k +40,751
12 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 63,68563.7k $2.7m $2.7m 0.00% Added +62.3k +62,251
13 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 55,91855.9k $2.4m $2.4m 0.00% Added +34.3k +34,321
14 ROTHSCHILD INVESTMENT LLC 0.08% of their portfolio CHICAGO, IL 50,18650.2k $2.1m $2.1m 0.08% Added +16.2k +16,156
15 DAVENPORT & Co LLC 0.01% of their portfolio RICHMOND, VA 36,11736.1k $1.5m $1.5m 0.01% Added +899 +899
16 D.A. DAVIDSON & CO. 0.01% of their portfolio GREAT FALLS, MT 32,88432.9k $1.4m $1.4m 0.01% Added +601 +601
17 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 28,59528.6k $1.2m $1.2m 0.00% Added +702 +702
18 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 27,72727.7k $1.2m $1.2m 0.00% Added +4.3k +4,315
19 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 17,86517.9k $758.6k $758.6k 0.00% Added +2.8k +2,778
20 IFP Advisors, Inc 0.01% of their portfolio TAMPA, FL 15,20515.2k $645.7k $645.7k 0.01% Added +163 +163
21 NATIXIS ADVISORS, LLC 0.00% of their portfolio Boston, MA 14,60014.6k $619.0k $619.0k 0.00% New
22 FLOW TRADERS U.S. LLC 0.03% of their portfolio NEW YORK, NY 14,47914.5k $615.0k $615.0k 0.03% New
23 FIFTH THIRD BANCORP 0.00% of their portfolio CINCINNATI, OH 11,09211.1k $471.0k $471.0k 0.00% Reduced -911 -911
24 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 10,95711.0k $465.0k $465.0k 0.00% Added +3.9k +3,862
25 GeoWealth Management, LLC 0.01% of their portfolio CHICAGO, IL 10,10810.1k $429.2k $429.2k 0.01% Added +2.4k +2,382
26 HRT FINANCIAL LP 0.00% of their portfolio NEW YORK, NY 8,1458.1k $345.0k $345.0k 0.00% New
27 Savvy Advisors, Inc. 0.01% of their portfolio NEW YORK, NY 7,3417.3k $311.7k $311.7k 0.01% Reduced -614 -614
28 COFG Advisors, LLC 0.05% of their portfolio OAK BROOK, IL 6,5106.5k $276.4k $276.4k 0.05% Unchanged
29 BROWN BROTHERS HARRIMAN & CO 0.00% of their portfolio NEW YORK, NY 6,0896.1k $258.6k $258.6k 0.00% New
30 1900 WEALTH MANAGEMENT LLC 0.01% of their portfolio SAN ANTONIO, TX 5,7065.7k $242.3k $242.3k 0.01% Reduced -456 -456
31 PRINCIPAL SECURITIES, INC. 0.00% of their portfolio DES MOINES, IA 4,9484.9k $210.1k $210.1k 0.00% New
32 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 4,8414.8k $205.6k $205.6k 0.00% Reduced -162.7k -162,676
33 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 4,8344.8k $205.3k $205.3k 0.00% New
34 Farther Finance Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 4,1404.1k $176.3k $176.3k 0.00% Reduced -800 -800
35 Integrated Wealth Concepts LLC 0.00% of their portfolio WALTHAM, MA 3,5103.5k $149.1k $149.1k 0.00% New
36 RMG Wealth Management LLC 0.01% of their portfolio PLATTEVILLE, WI 2,2872.3k $101.9k $101.9k 0.01% New
37 PRIVATE TRUST CO NA 0.01% of their portfolio CLEVELAND, OH 2,0572.1k $87.4k $87.4k 0.01% New
38 VANGUARD ADVISERS INC 0.00% of their portfolio Malvern, PA 829829 $35.2k $35.2k 0.00% New
39 Global Retirement Partners, LLC 0.00% of their portfolio San Rafael, CA 663663 $28.2k $28.2k 0.00% First filing
40 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 651651 $27.6k $27.6k 0.00% New
41 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 376376 $16.0k $16.0k 0.00% New
42 FMR LLC 0.00% of their portfolio BOSTON, MA 11 $42 $42 0.00% New