T. Rowe Price Dividend Growth ETF (NYSEARCA:TDVG – Get Free Report) shares reached a new 52-week high on Wednesday. The stock traded as high as $51.47 and last traded at $51.43, with a volume of 5,846 shares traded. The stock had previously closed at $50.79.
T. Rowe Price Dividend Growth ETF Trading Down 3.3%
The firm has a market capitalization of $1.33 billion, a price-to-earnings ratio of 24.89 and a beta of 0.77. The stock has a fifty day moving average of $49.54 and a 200-day moving average of $48.03.
Hedge Funds Weigh In On T. Rowe Price Dividend Growth ETF
A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Sequoia Financial Advisors LLC boosted its position in shares of T. Rowe Price Dividend Growth ETF by 3.8% in the second 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 during the period. Bank of America Corp DE raised its position in T. Rowe Price Dividend Growth ETF by 8.0% during the first quarter. Bank of America Corp DE now owns 2,525,752 shares of the company’s stock valued at $112,724,000 after buying an additional 187,252 shares during the period. Commonwealth Equity Services LLC acquired a new position in T. Rowe Price Dividend Growth ETF during the third quarter valued at $22,349,000. Confluence Wealth Services Inc. purchased a new stake in T. Rowe Price Dividend Growth ETF in the 3rd quarter worth about $19,454,000. Finally, Yarger Wealth Strategies LLC lifted its stake in T. Rowe Price Dividend Growth ETF by 1.1% in the 2nd quarter. Yarger Wealth Strategies LLC now owns 395,595 shares of the company’s stock worth $19,590,000 after acquiring an additional 4,375 shares in 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.
Further Reading
- Five stocks we like better than T. Rowe Price Dividend Growth ETF
- Riot’s $28B Lease Shows Why Location and Contracts Matter in AI
- These 3 Underperforming Stocks Are Seeing Notable CEO Insider Trades
- GE Aerospace Has a $170 Billion Backlog, But Is the Stock Worth the Premium?
- Google’s Credit Backstop May Be TeraWulf’s Biggest Advantage
Receive News & Ratings for T. Rowe Price Dividend Growth ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for T. Rowe Price Dividend Growth ETF and related companies with MarketBeat.com's FREE daily email newsletter.
