T. Rowe Price Dividend Growth ETF (NYSEARCA:TDVG) Sees Strong Trading Volume – Here’s What Happened

T. Rowe Price Dividend Growth ETF (NYSEARCA:TDVG) saw unusually-high trading volume on Monday . Approximately 181,822 shares changed hands during mid-day trading, an increase of 209% from the previous session’s volume of 58,797 shares.The stock last traded at $50.21 and had previously closed at $50.56.

T. Rowe Price Dividend Growth ETF Stock Down 0.6%

The company has a market cap of $1.44 billion, a P/E ratio of 24.89 and a beta of 0.79. The company has a fifty day moving average of $49.33 and a 200 day moving average of $47.45.

Institutional Investors Weigh In On T. Rowe Price Dividend Growth ETF

A number of large investors have recently made changes to their positions in the company. Nvest Wealth Strategies Inc. increased its position in shares of T. Rowe Price Dividend Growth ETF by 91.4% during the 2nd quarter. Nvest Wealth Strategies Inc. now owns 22,591 shares of the company’s stock valued at $1,108,000 after purchasing an additional 10,789 shares during the last quarter. Wealthcare Capital Partners LLC boosted its holdings in shares of T. Rowe Price Dividend Growth ETF by 2.3% in the second quarter. Wealthcare Capital Partners LLC now owns 11,027 shares of the company’s stock worth $541,000 after buying an additional 243 shares during the last quarter. Bill Few Associates Inc. boosted its holdings in shares of T. Rowe Price Dividend Growth ETF by 1.4% in the second quarter. Bill Few Associates Inc. now owns 28,493 shares of the company’s stock worth $1,397,000 after buying an additional 380 shares during the last quarter. Sandy Cove Advisors LLC grew its position in T. Rowe Price Dividend Growth ETF by 349.2% during the second quarter. Sandy Cove Advisors LLC now owns 87,200 shares of the company’s stock valued at $4,275,000 after buying an additional 67,786 shares during the period. Finally, NewEdge Advisors LLC grew its position in T. Rowe Price Dividend Growth ETF by 2.9% during the first quarter. NewEdge Advisors LLC now owns 7,586 shares of the company’s stock valued at $339,000 after buying an additional 214 shares during the period.

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.