Formidable Asset Management LLC Has $1.51 Million Position in T. Rowe Price Dividend Growth ETF $TDVG

Formidable Asset Management LLC cut its stake in shares of T. Rowe Price Dividend Growth ETF (NYSEARCA:TDVG) by 35.9% during the 1st quarter, HoldingsChannel reports. The firm owned 33,526 shares of the company’s stock after selling 18,801 shares during the period. Formidable Asset Management LLC’s holdings in T. Rowe Price Dividend Growth ETF were worth $1,508,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the stock. Lighthouse Wealth Management Inc. lifted its stake in T. Rowe Price Dividend Growth ETF by 59.1% in the 4th quarter. Lighthouse Wealth Management Inc. now owns 35,534 shares of the company’s stock valued at $1,598,000 after purchasing an additional 13,196 shares during the last quarter. BIP Wealth LLC bought a new stake in shares of T. Rowe Price Dividend Growth ETF during the fourth quarter worth $576,000. Rockefeller Capital Management L.P. grew its stake in shares of T. Rowe Price Dividend Growth ETF by 13.2% during the fourth quarter. Rockefeller Capital Management L.P. now owns 399,312 shares of the company’s stock worth $17,957,000 after buying an additional 46,440 shares during the last quarter. Fortis Group Advisors LLC bought a new stake in shares of T. Rowe Price Dividend Growth ETF during the fourth quarter worth $948,000. Finally, Wealth Enhancement Advisory Services LLC increased its holdings in shares of T. Rowe Price Dividend Growth ETF by 14.6% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 102,670 shares of the company’s stock worth $4,714,000 after buying an additional 13,114 shares in the last quarter.

T. Rowe Price Dividend Growth ETF Stock Performance

Shares of NYSEARCA:TDVG opened at $48.46 on Monday. T. Rowe Price Dividend Growth ETF has a 52-week low of $41.85 and a 52-week high of $49.11. The company has a market capitalization of $1.33 billion, a PE ratio of 24.89 and a beta of 0.79. The company has a fifty day moving average of $47.69 and a 200-day moving average of $46.39.

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.