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

T. Rowe Price Dividend Growth ETF (NYSEARCA:TDVGGet Free Report)’s share price hit a new 52-week high during trading on Friday . The stock traded as high as $48.48 and last traded at $48.48, with a volume of 4880 shares. The stock had previously closed at $48.28.

T. Rowe Price Dividend Growth ETF Stock Up 0.5%

The firm’s 50-day simple moving average is $47.03 and its 200 day simple moving average is $46.10. The stock has a market capitalization of $1.33 billion, a P/E ratio of 24.89 and a beta of 0.79.

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

Several hedge funds and other institutional investors have recently bought and sold shares of the business. NewEdge Advisors LLC raised its position in T. Rowe Price Dividend Growth ETF by 2.9% in the first quarter. NewEdge Advisors LLC now owns 7,586 shares of the company’s stock worth $339,000 after acquiring an additional 214 shares in the last quarter. WNY Asset Management LLC acquired a new stake in T. Rowe Price Dividend Growth ETF during the 1st quarter worth about $287,000. Bank of America Corp DE raised its holdings in T. Rowe Price Dividend Growth ETF by 8.0% during the 1st quarter. Bank of America Corp DE now owns 2,525,752 shares of the company’s stock worth $112,724,000 after buying an additional 187,252 shares during the period. Centaurus Financial Inc. acquired a new stake in T. Rowe Price Dividend Growth ETF during the 1st quarter worth about $4,885,000. Finally, Cetera Investment Advisers raised its holdings in T. Rowe Price Dividend Growth ETF by 12.4% during the 1st quarter. Cetera Investment Advisers now owns 308,853 shares of the company’s stock worth $13,784,000 after buying an additional 34,014 shares during the period.

About T. Rowe Price Dividend Growth ETF

(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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