Sequoia Financial Advisors LLC Acquires 379,383 Shares of T. Rowe Price Dividend Growth ETF $TDVG

Sequoia Financial Advisors LLC raised its stake in shares of T. Rowe Price Dividend Growth ETF (NYSEARCA:TDVG) by 10.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 4,141,709 shares of the company’s stock after acquiring an additional 379,383 shares during the quarter. T. Rowe Price Dividend Growth ETF makes up about 1.0% of Sequoia Financial Advisors LLC’s portfolio, making the stock its 20th biggest position. Sequoia Financial Advisors LLC owned approximately 0.15% of T. Rowe Price Dividend Growth ETF worth $186,253,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. First Heartland Consultants Inc. raised its position in shares of T. Rowe Price Dividend Growth ETF by 2.6% in the 3rd quarter. First Heartland Consultants Inc. now owns 11,741 shares of the company’s stock worth $516,000 after acquiring an additional 293 shares in the last quarter. Beaumont Financial Advisors LLC boosted its position in T. Rowe Price Dividend Growth ETF by 0.8% during the fourth quarter. Beaumont Financial Advisors LLC now owns 44,288 shares of the company’s stock valued at $1,992,000 after purchasing an additional 351 shares in the last quarter. DAVENPORT & Co LLC grew its stake in T. Rowe Price Dividend Growth ETF by 4.6% in the fourth quarter. DAVENPORT & Co LLC now owns 9,152 shares of the company’s stock valued at $412,000 after purchasing an additional 402 shares during the last quarter. Equita Financial Network Inc. raised its holdings in T. Rowe Price Dividend Growth ETF by 3.0% in the third quarter. Equita Financial Network Inc. now owns 16,118 shares of the company’s stock worth $709,000 after purchasing an additional 475 shares in the last quarter. Finally, Wealthcare Capital Partners LLC raised its holdings in T. Rowe Price Dividend Growth ETF by 5.3% in the third quarter. Wealthcare Capital Partners LLC now owns 9,686 shares of the company’s stock worth $426,000 after purchasing an additional 484 shares in the last quarter.

T. Rowe Price Dividend Growth ETF Stock Performance

TDVG stock opened at $47.32 on Thursday. T. Rowe Price Dividend Growth ETF has a one year low of $39.94 and a one year high of $47.52. The firm has a market cap of $1.30 billion, a price-to-earnings ratio of 24.89 and a beta of 0.80. The firm has a 50-day simple moving average of $45.89 and a two-hundred day simple moving average of $45.46.

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.