Short Interest in T. Rowe Price Dividend Growth ETF (NYSEARCA:TDVG) Decreases By 23.6%

T. Rowe Price Dividend Growth ETF (NYSEARCA:TDVG) saw a significant decrease in short interest during the month of February. As of February 27th, there was short interest totaling 111,007 shares, a decrease of 23.6% from the February 12th total of 145,264 shares. Approximately 0.4% of the shares of the stock are sold short. Based on an average daily volume of 67,003 shares, the short-interest ratio is presently 1.7 days. Based on an average daily volume of 67,003 shares, the short-interest ratio is presently 1.7 days. Approximately 0.4% of the shares of the stock are sold short.

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

Several large investors have recently modified their holdings of TDVG. Jones Financial Companies Lllp boosted its position in shares of T. Rowe Price Dividend Growth ETF by 21.9% in the 3rd quarter. Jones Financial Companies Lllp now owns 334,587 shares of the company’s stock valued at $14,625,000 after purchasing an additional 60,083 shares during the period. Northwestern Mutual Wealth Management Co. raised its holdings in T. Rowe Price Dividend Growth ETF by 18.9% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,363,925 shares of the company’s stock worth $57,803,000 after buying an additional 217,053 shares during the period. Yarger Wealth Strategies LLC raised its holdings in T. Rowe Price Dividend Growth ETF by 22.5% during the 3rd quarter. Yarger Wealth Strategies LLC now owns 389,942 shares of the company’s stock worth $17,142,000 after buying an additional 71,614 shares during the period. Cetera Investment Advisers lifted its stake in T. Rowe Price Dividend Growth ETF by 14.3% during the second quarter. Cetera Investment Advisers now owns 154,336 shares of the company’s stock valued at $6,541,000 after buying an additional 19,307 shares in the last quarter. Finally, Rockefeller Capital Management L.P. boosted its holdings in shares of T. Rowe Price Dividend Growth ETF by 4.4% in the second quarter. Rockefeller Capital Management L.P. now owns 354,726 shares of the company’s stock worth $15,033,000 after buying an additional 15,060 shares during the period.

T. Rowe Price Dividend Growth ETF Trading Down 0.3%

Shares of NYSEARCA:TDVG traded down $0.15 during midday trading on Friday, hitting $44.81. 41,164 shares of the stock were exchanged, compared to its average volume of 70,089. T. Rowe Price Dividend Growth ETF has a twelve month low of $35.39 and a twelve month high of $47.45. The stock has a market cap of $1.21 billion, a P/E ratio of 24.89 and a beta of 0.86. The company has a 50 day moving average price of $46.19 and a 200-day moving average price of $44.90.

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.