T. Rowe Price Dividend Growth ETF (NYSEARCA:TDVG) Short Interest Update

T. Rowe Price Dividend Growth ETF (NYSEARCA:TDVG) saw a significant growth in short interest in the month of April. As of April 15th, there was short interest totaling 273,159 shares, a growth of 21.8% from the March 31st total of 224,258 shares. Approximately 1.0% of the company’s stock are short sold. Based on an average daily volume of 52,048 shares, the short-interest ratio is currently 5.2 days.

T. Rowe Price Dividend Growth ETF Price Performance

TDVG traded down $0.17 on Friday, reaching $47.09. The company’s stock had a trading volume of 40,533 shares, compared to its average volume of 63,487. T. Rowe Price Dividend Growth ETF has a 1 year low of $39.90 and a 1 year high of $47.52. The business’s 50 day moving average is $45.88 and its 200 day moving average is $45.39. The stock has a market cap of $1.29 billion, a price-to-earnings ratio of 24.89 and a beta of 0.80.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the business. TD Capital Management LLC bought a new stake in shares of T. Rowe Price Dividend Growth ETF during the fourth quarter valued at approximately $32,000. Archer Investment Corp increased its stake in shares of T. Rowe Price Dividend Growth ETF by 192.0% during the fourth quarter. Archer Investment Corp now owns 1,019 shares of the company’s stock valued at $46,000 after acquiring an additional 670 shares during the period. International Assets Investment Management LLC bought a new stake in shares of T. Rowe Price Dividend Growth ETF in the 4th quarter worth $54,000. Ameritas Advisory Services LLC raised its stake in shares of T. Rowe Price Dividend Growth ETF by 73.7% in the 3rd quarter. Ameritas Advisory Services LLC now owns 1,374 shares of the company’s stock worth $60,000 after buying an additional 583 shares in the last quarter. Finally, Arax Advisory Partners bought a new stake in shares of T. Rowe Price Dividend Growth ETF in the 4th quarter worth $106,000.

About T. Rowe Price Dividend Growth ETF

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.