T. Rowe Price Dividend Growth ETF (NYSEARCA:TDVG) Sets New 12-Month High – Here’s What Happened

Shares of T. Rowe Price Dividend Growth ETF (NYSEARCA:TDVG) hit a new 52-week high on Monday . The company traded as high as $45.54 and last traded at $45.5490, with a volume of 15704 shares traded. The stock had previously closed at $45.22.

T. Rowe Price Dividend Growth ETF Stock Up 0.7%

The business has a fifty day moving average of $44.68 and a 200 day moving average of $43.66. The company has a market cap of $1.19 billion, a P/E ratio of 24.89 and a beta of 0.86.

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

Large investors have recently modified their holdings of the stock. Sequoia Financial Advisors LLC raised its stake in T. Rowe Price Dividend Growth ETF by 1,032.8% in the third quarter. Sequoia Financial Advisors LLC now owns 3,762,326 shares of the company’s stock worth $165,392,000 after buying an additional 3,430,206 shares in the last quarter. Bank of America Corp DE grew its holdings in shares of T. Rowe Price Dividend Growth ETF by 48.2% during the 3rd quarter. Bank of America Corp DE now owns 2,389,859 shares of the company’s stock worth $105,058,000 after acquiring an additional 777,580 shares during the period. Northwestern Mutual Wealth Management Co. raised its position in shares of T. Rowe Price Dividend Growth ETF by 18.9% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,363,925 shares of the company’s stock worth $57,803,000 after acquiring an additional 217,053 shares in the last quarter. MBL Wealth LLC purchased a new position in shares of T. Rowe Price Dividend Growth ETF in the 2nd quarter valued at approximately $6,136,000. Finally, Yarger Wealth Strategies LLC lifted its stake in shares of T. Rowe Price Dividend Growth ETF by 22.5% in the 3rd quarter. Yarger Wealth Strategies LLC now owns 389,942 shares of the company’s stock valued at $17,142,000 after purchasing an additional 71,614 shares during the period.

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.