T. Rowe Price Dividend Growth ETF (NYSEARCA:TDVG) Stock Short Interest Falls 46.6%

T. Rowe Price Dividend Growth ETF (NYSEARCA:TDVG) saw a significant decline in short interest in September. As of September 30th, there was short interest totaling 26,089 shares, a decline of 46.6% from the September 15th total of 48,873 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily volume of 43,589 shares, the days-to-cover ratio is currently 0.6 days.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Sequoia Financial Advisors LLC increased its stake in shares of T. Rowe Price Dividend Growth ETF by 3.8% in the second quarter. Sequoia Financial Advisors LLC now owns 4,396,076 shares of the company’s stock worth $215,540,000 after buying an additional 161,288 shares during the last quarter. Bank of America Corp DE boosted its stake 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 valued at $112,724,000 after acquiring an additional 187,252 shares during the last quarter. Yarger Wealth Strategies LLC boosted its stake in T. Rowe Price Dividend Growth ETF by 1.1% during the 2nd quarter. Yarger Wealth Strategies LLC now owns 395,595 shares of the company’s stock valued at $19,590,000 after acquiring an additional 4,375 shares during the last quarter. Rockefeller Capital Management L.P. boosted its stake in T. Rowe Price Dividend Growth ETF by 13.2% during the 4th quarter. Rockefeller Capital Management L.P. now owns 399,312 shares of the company’s stock valued at $17,957,000 after acquiring an additional 46,440 shares during the last quarter. Finally, Cetera Investment Advisers grew 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 acquiring an additional 34,014 shares in the last quarter.

T. Rowe Price Dividend Growth ETF Stock Up 0.8%

Shares of NYSEARCA TDVG traded up $0.42 on Thursday, hitting $49.89. The company had a trading volume of 56,351 shares, compared to its average volume of 71,387. T. Rowe Price Dividend Growth ETF has a 12-month low of $43.36 and a 12-month high of $50.90. The firm has a market capitalization of $1.33 billion, a P/E ratio of 24.89 and a beta of 0.78. The business has a 50 day moving average of $49.54 and a two-hundred day moving average of $48.46.

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.