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

T. Rowe Price Dividend Growth ETF (NYSEARCA:TDVGGet Free Report) reached a new 52-week high during trading on Wednesday . The stock traded as high as $47.29 and last traded at $47.2540, with a volume of 26224 shares trading hands. The stock had previously closed at $47.10.

T. Rowe Price Dividend Growth ETF Stock Performance

The company has a market cap of $1.28 billion, a price-to-earnings ratio of 24.89 and a beta of 0.86. The firm’s 50 day simple moving average is $45.91 and its 200-day simple moving average is $44.64.

Institutional Trading of T. Rowe Price Dividend Growth ETF

Hedge funds have recently bought and sold shares of the business. Archer Investment Corp boosted its holdings in shares of T. Rowe Price Dividend Growth ETF by 192.0% during the 4th quarter. Archer Investment Corp now owns 1,019 shares of the company’s stock worth $46,000 after purchasing an additional 670 shares during the last quarter. International Assets Investment Management LLC purchased a new position in T. Rowe Price Dividend Growth ETF during the fourth quarter worth approximately $54,000. Ameritas Advisory Services LLC boosted its stake in T. Rowe Price Dividend Growth ETF by 73.7% during the third quarter. Ameritas Advisory Services LLC now owns 1,374 shares of the company’s stock worth $60,000 after buying an additional 583 shares during the last quarter. N.E.W. Advisory Services LLC acquired a new position in T. Rowe Price Dividend Growth ETF during the second quarter worth $104,000. Finally, Arax Advisory Partners purchased a new stake in T. Rowe Price Dividend Growth ETF in the 4th quarter valued at $106,000.

T. Rowe Price Dividend Growth ETF Company Profile

(Get Free Report)

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.

Further Reading

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