Northwestern Mutual Wealth Management Co. Buys 87,489 Shares of T. Rowe Price Dividend Growth ETF $TDVG

Northwestern Mutual Wealth Management Co. increased its position in shares of T. Rowe Price Dividend Growth ETF (NYSEARCA:TDVG) by 6.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 1,514,610 shares of the company’s stock after purchasing an additional 87,489 shares during the quarter. Northwestern Mutual Wealth Management Co. owned approximately 0.06% of T. Rowe Price Dividend Growth ETF worth $68,112,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in TDVG. First Heartland Consultants Inc. boosted its stake in shares of T. Rowe Price Dividend Growth ETF by 2.6% in the 3rd quarter. First Heartland Consultants Inc. now owns 11,741 shares of the company’s stock worth $516,000 after buying an additional 293 shares during the last quarter. Beaumont Financial Advisors LLC lifted its holdings in T. Rowe Price Dividend Growth ETF by 0.8% during the fourth quarter. Beaumont Financial Advisors LLC now owns 44,288 shares of the company’s stock worth $1,992,000 after acquiring an additional 351 shares during the period. DAVENPORT & Co LLC boosted its position in T. Rowe Price Dividend Growth ETF by 4.6% in the fourth quarter. DAVENPORT & Co LLC now owns 9,152 shares of the company’s stock worth $412,000 after purchasing an additional 402 shares during the last quarter. Wealthcare Capital Partners LLC grew its stake in T. Rowe Price Dividend Growth ETF by 5.3% in the 3rd quarter. Wealthcare Capital Partners LLC now owns 9,686 shares of the company’s stock valued at $426,000 after purchasing an additional 484 shares during the period. Finally, Argent Trust Co grew its stake in T. Rowe Price Dividend Growth ETF by 7.7% in the 3rd quarter. Argent Trust Co now owns 7,223 shares of the company’s stock valued at $318,000 after purchasing an additional 514 shares during the period.

T. Rowe Price Dividend Growth ETF Stock Performance

Shares of NYSEARCA:TDVG opened at $48.01 on Friday. The company has a market capitalization of $1.32 billion, a P/E ratio of 24.89 and a beta of 0.80. The company’s 50-day moving average is $46.36 and its 200 day moving average is $45.84. T. Rowe Price Dividend Growth ETF has a fifty-two week low of $41.00 and a fifty-two week high of $48.11.

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.