T. Rowe Price Dividend Growth ETF (NYSEARCA:TDVG) Reaches New 12-Month High – Should You Buy?
by Scott Moore · The Cerbat GemT. Rowe Price Dividend Growth ETF (NYSEARCA:TDVG – Get Free Report)’s stock price reached a new 52-week high during trading on Wednesday . The company traded as high as $47.29 and last traded at $47.2540, with a volume of 26224 shares trading hands. The stock had previously closed at $47.10.
T. Rowe Price Dividend Growth ETF Stock Down 0.1%
The firm has a market cap of $1.27 billion, a P/E ratio of 24.89 and a beta of 0.86. The business’s 50 day moving average is $46.05 and its two-hundred day moving average is $44.71.
Institutional Inflows and Outflows
Institutional investors have recently modified their holdings of the stock. Aptus Capital Advisors LLC grew its holdings in T. Rowe Price Dividend Growth ETF by 1.8% in the fourth quarter. Aptus Capital Advisors LLC now owns 15,709 shares of the company’s stock worth $706,000 after purchasing an additional 276 shares during the period. First Heartland Consultants Inc. boosted its position in shares of T. Rowe Price Dividend Growth ETF by 2.6% during the 3rd quarter. First Heartland Consultants Inc. now owns 11,741 shares of the company’s stock worth $516,000 after purchasing an additional 293 shares in the last quarter. Beaumont Financial Advisors LLC boosted its position in shares of T. Rowe Price Dividend Growth ETF by 0.8% during the 4th quarter. Beaumont Financial Advisors LLC now owns 44,288 shares of the company’s stock worth $1,992,000 after purchasing an additional 351 shares in the last quarter. DAVENPORT & Co LLC grew its stake in shares of T. Rowe Price Dividend Growth ETF by 4.6% in the 4th quarter. DAVENPORT & Co LLC now owns 9,152 shares of the company’s stock valued at $412,000 after buying an additional 402 shares during the period. Finally, Equita Financial Network Inc. grew its stake in shares of T. Rowe Price Dividend Growth ETF by 3.0% in the 3rd quarter. Equita Financial Network Inc. now owns 16,118 shares of the company’s stock valued at $709,000 after buying an additional 475 shares during the period.
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.