T. Rowe Price Dividend Growth ETF (NYSEARCA:TDVG) Sees Strong Trading Volume – Time to Buy?

Shares of T. Rowe Price Dividend Growth ETF (NYSEARCA:TDVG) saw strong trading volume on Wednesday . 144,849 shares changed hands during trading, an increase of 149% from the previous session’s volume of 58,137 shares.The stock last traded at $45.5410 and had previously closed at $45.81.

T. Rowe Price Dividend Growth ETF Price Performance

The company has a market cap of $1.20 billion, a P/E ratio of 24.89 and a beta of 0.86. The stock’s 50-day moving average price is $44.89 and its 200-day moving average price is $43.86.

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

A number of large investors have recently added to or reduced their stakes in TDVG. Ameritas Advisory Services LLC bought a new stake in shares of T. Rowe Price Dividend Growth ETF during the 2nd quarter valued at $34,000. N.E.W. Advisory Services LLC bought a new stake in T. Rowe Price Dividend Growth ETF during the second quarter worth about $104,000. Comprehensive Financial Planning Inc. PA grew its stake in T. Rowe Price Dividend Growth ETF by 38.8% during the third quarter. Comprehensive Financial Planning Inc. PA now owns 4,245 shares of the company’s stock worth $187,000 after buying an additional 1,187 shares in the last quarter. Sandy Cove Advisors LLC bought a new position in T. Rowe Price Dividend Growth ETF in the 2nd quarter valued at about $220,000. Finally, DAVENPORT & Co LLC bought a new position in T. Rowe Price Dividend Growth ETF in the 2nd quarter valued at about $222,000.

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.