Sequoia Financial Advisors LLC Raises Stock Holdings in T. Rowe Price Dividend Growth ETF $TDVG

Sequoia Financial Advisors LLC grew its stake in shares of T. Rowe Price Dividend Growth ETF (NYSEARCA:TDVG) by 2.2% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,234,788 shares of the company’s stock after acquiring an additional 93,079 shares during the period. T. Rowe Price Dividend Growth ETF comprises approximately 1.1% of Sequoia Financial Advisors LLC’s holdings, making the stock its 20th biggest position. Sequoia Financial Advisors LLC owned 0.15% of T. Rowe Price Dividend Growth ETF worth $188,999,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also modified their holdings of the company. Goldman Sachs Group Inc. boosted its position in T. Rowe Price Dividend Growth ETF by 59.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 13,151 shares of the company’s stock valued at $531,000 after purchasing an additional 4,894 shares during the period. Jane Street Group LLC bought a new stake in T. Rowe Price Dividend Growth ETF in the 2nd quarter valued at about $686,000. Bank of America Corp DE grew its position in T. Rowe Price Dividend Growth ETF by 20.3% in the 2nd quarter. Bank of America Corp DE now owns 1,612,279 shares of the company’s stock worth $68,328,000 after purchasing an additional 271,807 shares during the last quarter. Two Sigma Investments LP grew its holdings in T. Rowe Price Dividend Growth ETF by 149.5% in the 3rd quarter. Two Sigma Investments LP now owns 98,300 shares of the company’s stock worth $4,321,000 after buying an additional 58,900 shares in the last quarter. Finally, Raymond James Financial Inc. grew its stake in shares of T. Rowe Price Dividend Growth ETF by 584.2% in the third quarter. Raymond James Financial Inc. now owns 31,952 shares of the company’s stock worth $1,405,000 after purchasing an additional 27,282 shares in the last quarter.

T. Rowe Price Dividend Growth ETF Stock Up 0.3%

T. Rowe Price Dividend Growth ETF stock traded up $0.13 during trading hours on Friday, hitting $49.52. 31,289 shares of the company traded hands, compared to its average volume of 58,160. The firm’s 50-day simple moving average is $48.17 and its two-hundred day simple moving average is $46.68. The firm has a market cap of $1.39 billion, a P/E ratio of 24.89 and a beta of 0.79. T. Rowe Price Dividend Growth ETF has a 1-year low of $41.85 and a 1-year high of $49.68.

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.