T. Rowe Price Dividend Growth ETF (NYSEARCA:TDVG) Hits New 52-Week High – Here’s What Happened
by Jessica Moore · The Cerbat GemT. Rowe Price Dividend Growth ETF (NYSEARCA:TDVG – Get Free Report) shares hit a new 52-week high during trading on Monday . The stock traded as high as $45.54 and last traded at $45.5490, with a volume of 15704 shares traded. The stock had previously closed at $45.22.
T. Rowe Price Dividend Growth ETF Trading Down 1.1%
The stock has a market capitalization of $1.19 billion, a price-to-earnings ratio of 24.89 and a beta of 0.86. The stock has a fifty day moving average of $44.75 and a two-hundred day moving average of $43.73.
Institutional Investors Weigh In On T. Rowe Price Dividend Growth ETF
Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Ameritas Advisory Services LLC bought a new stake in shares of T. Rowe Price Dividend Growth ETF during the second quarter valued at approximately $34,000. N.E.W. Advisory Services LLC acquired a new position in T. Rowe Price Dividend Growth ETF during the 2nd quarter worth $104,000. Comprehensive Financial Planning Inc. PA lifted its holdings in T. Rowe Price Dividend Growth ETF by 38.8% during the 3rd quarter. Comprehensive Financial Planning Inc. PA now owns 4,245 shares of the company’s stock worth $187,000 after buying an additional 1,187 shares in the last quarter. Sandy Cove Advisors LLC bought a new position in T. Rowe Price Dividend Growth ETF in the 2nd quarter valued at $220,000. Finally, DAVENPORT & Co LLC bought a new position in T. Rowe Price Dividend Growth ETF in the 2nd quarter valued at $222,000.
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.