T. Rowe Price Dividend Growth ETF (NYSEARCA:TDVG) Sets New 12-Month High – Here’s Why

T. Rowe Price Dividend Growth ETF (NYSEARCA:TDVG) hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $49.68 and last traded at $49.68, with a volume of 3221 shares traded. The stock had previously closed at $49.52.

T. Rowe Price Dividend Growth ETF Price Performance

The firm has a market cap of $1.39 billion, a PE ratio of 24.89 and a beta of 0.79. The company has a 50-day simple moving average of $48.26 and a 200-day simple moving average of $46.74.

Hedge Funds Weigh In On T. Rowe Price Dividend Growth ETF

Large investors have recently bought and sold shares of the business. Goldman Sachs Group Inc. increased its stake in T. Rowe Price Dividend Growth ETF by 59.3% in the first quarter. Goldman Sachs Group Inc. now owns 13,151 shares of the company’s stock worth $531,000 after purchasing an additional 4,894 shares during the period. Jane Street Group LLC purchased a new stake in shares of T. Rowe Price Dividend Growth ETF during the second quarter valued at $686,000. Bank of America Corp DE boosted its stake in shares of T. Rowe Price Dividend Growth ETF by 20.3% during the second quarter. Bank of America Corp DE now owns 1,612,279 shares of the company’s stock valued at $68,328,000 after purchasing an additional 271,807 shares during the period. Two Sigma Investments LP grew its holdings in shares of T. Rowe Price Dividend Growth ETF by 149.5% in the third quarter. Two Sigma Investments LP now owns 98,300 shares of the company’s stock worth $4,321,000 after purchasing an additional 58,900 shares during the last quarter. Finally, Raymond James Financial Inc. grew its holdings in shares of T. Rowe Price Dividend Growth ETF by 584.2% in the third quarter. Raymond James Financial Inc. now owns 31,952 shares of the company’s stock worth $1,405,000 after purchasing an additional 27,282 shares during the last quarter.

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.