Sandy Cove Advisors LLC Increases Position in T. Rowe Price Dividend Growth ETF $TDVG

Sandy Cove Advisors LLC lifted its stake in T. Rowe Price Dividend Growth ETF (NYSEARCA:TDVG) by 349.2% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 87,200 shares of the company’s stock after acquiring an additional 67,786 shares during the period. T. Rowe Price Dividend Growth ETF accounts for 1.1% of Sandy Cove Advisors LLC’s portfolio, making the stock its 25th largest position. Sandy Cove Advisors LLC owned 0.31% of T. Rowe Price Dividend Growth ETF worth $4,275,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently made changes to their positions in the company. Bank of America Corp DE grew its stake in T. Rowe Price Dividend Growth ETF by 48.2% in the third quarter. Bank of America Corp DE now owns 2,389,859 shares of the company’s stock valued at $105,058,000 after purchasing an additional 777,580 shares during the last quarter. Sequoia Financial Advisors LLC boosted its holdings in shares of T. Rowe Price Dividend Growth ETF by 10.1% in the 4th quarter. Sequoia Financial Advisors LLC now owns 4,141,709 shares of the company’s stock valued at $186,253,000 after buying an additional 379,383 shares in the last quarter. Centaurus Financial Inc. bought a new stake in shares of T. Rowe Price Dividend Growth ETF in the 1st quarter valued at about $4,885,000. Northwestern Mutual Wealth Management Co. grew its position in shares of T. Rowe Price Dividend Growth ETF by 6.1% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,514,610 shares of the company’s stock worth $68,112,000 after buying an additional 87,489 shares during the last quarter. Finally, Two Sigma Investments LP grew its position in shares of 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 during the last quarter.

T. Rowe Price Dividend Growth ETF Stock Up 1.3%

NYSEARCA TDVG opened at $50.42 on Wednesday. The firm has a market cap of $1.44 billion, a PE ratio of 24.89 and a beta of 0.79. The company has a 50 day moving average price of $48.92 and a 200 day moving average price of $47.18. T. Rowe Price Dividend Growth ETF has a 52 week low of $42.27 and a 52 week high of $50.52.

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.