T. Rowe Price Dividend Growth ETF (NYSEARCA:TDVG) Sets New 1-Year High – What’s Next?

T. Rowe Price Dividend Growth ETF (NYSEARCA:TDVG) shares reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $47.55 and last traded at $47.54, with a volume of 56163 shares. The stock had previously closed at $47.28.

T. Rowe Price Dividend Growth ETF Trading Up 0.5%

The stock has a market capitalization of $1.31 billion, a PE ratio of 24.89 and a beta of 0.80. The stock’s fifty day simple moving average is $45.95 and its 200-day simple moving average is $45.64.

Hedge Funds Weigh In On T. Rowe Price Dividend Growth ETF

A number of hedge funds have recently bought and sold shares of the company. Jones Financial Companies Lllp boosted its holdings in shares of T. Rowe Price Dividend Growth ETF by 21.9% in the 3rd quarter. Jones Financial Companies Lllp now owns 334,587 shares of the company’s stock worth $14,625,000 after buying an additional 60,083 shares during the last quarter. Lighthouse Wealth Management Inc. boosted its holdings in shares of T. Rowe Price Dividend Growth ETF by 59.1% in the 4th quarter. Lighthouse Wealth Management Inc. now owns 35,534 shares of the company’s stock worth $1,598,000 after buying an additional 13,196 shares during the last quarter. BIP Wealth LLC purchased a new position in shares of T. Rowe Price Dividend Growth ETF in the 4th quarter worth about $576,000. Wealth Enhancement Advisory Services LLC boosted its holdings in shares of T. Rowe Price Dividend Growth ETF by 14.6% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 102,670 shares of the company’s stock worth $4,714,000 after buying an additional 13,114 shares during the last quarter. Finally, Yarger Wealth Strategies LLC boosted its holdings in shares of T. Rowe Price Dividend Growth ETF by 22.5% in the 3rd quarter. Yarger Wealth Strategies LLC now owns 389,942 shares of the company’s stock worth $17,142,000 after buying an additional 71,614 shares during the last quarter.

T. Rowe Price Dividend Growth ETF Company Profile

The T. Rowe Price Dividend Growth ETF (TDVG) is an exchange-traded fund that is based on the Russell 1000 Dividend Growth index. The ETF currently has 298.89m in AUM and 103 holdings. TDVG is an actively-managed, non-transparent fund of global, large- and mid-cap companies with sustainable, above-average growth in earnings and dividends TDVG was launched on Aug 4, 2020 and is managed by T. Rowe Price.