T. Rowe Price Dividend Growth ETF (NYSEARCA:TDVG) Hits New 52-Week High – Here’s What Happened

T. Rowe Price Dividend Growth ETF (NYSEARCA:TDVG) shares reached a new 52-week high on Thursday. The stock traded as high as $50.94 and last traded at $50.9910, with a volume of 56,063 shares traded. The stock had previously closed at $50.37.

T. Rowe Price Dividend Growth ETF Stock Performance

The firm has a market cap of $1.35 billion, a price-to-earnings ratio of 24.89 and a beta of 0.78. The business’s 50-day moving average is $49.49 and its 200-day moving average is $47.94.

Institutional Trading of T. Rowe Price Dividend Growth ETF

Large investors have recently added to or reduced their stakes in the company. Sequoia Financial Advisors LLC lifted its position in T. Rowe Price Dividend Growth ETF by 3.8% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 4,396,076 shares of the company’s stock worth $215,540,000 after buying an additional 161,288 shares in the last quarter. Janney Montgomery Scott LLC increased its position in T. Rowe Price Dividend Growth ETF by 43.1% in the 1st quarter. Janney Montgomery Scott LLC now owns 38,460 shares of the company’s stock valued at $1,716,000 after acquiring an additional 11,586 shares in the last quarter. Beam Wealth Advisors Inc. acquired a new stake in T. Rowe Price Dividend Growth ETF in the 1st quarter valued at about $477,000. Nvest Wealth Strategies Inc. raised its stake in shares of T. Rowe Price Dividend Growth ETF by 91.4% in the second quarter. Nvest Wealth Strategies Inc. now owns 22,591 shares of the company’s stock worth $1,108,000 after acquiring an additional 10,789 shares during the last quarter. Finally, Cetera Investment Advisers raised its stake in shares of T. Rowe Price Dividend Growth ETF by 12.4% in the first quarter. Cetera Investment Advisers now owns 308,853 shares of the company’s stock worth $13,784,000 after acquiring an additional 34,014 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.