Nvest Wealth Strategies Inc. Buys 10,789 Shares of T. Rowe Price Dividend Growth ETF $TDVG

Nvest Wealth Strategies Inc. grew its position in T. Rowe Price Dividend Growth ETF (NYSEARCA:TDVG) by 91.4% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 22,591 shares of the company’s stock after purchasing an additional 10,789 shares during the quarter. T. Rowe Price Dividend Growth ETF makes up approximately 0.7% of Nvest Wealth Strategies Inc.’s portfolio, making the stock its 19th largest holding. Nvest Wealth Strategies Inc.’s holdings in T. Rowe Price Dividend Growth ETF were worth $1,108,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Goldman Sachs Group Inc. boosted its holdings in shares of T. Rowe Price Dividend Growth ETF by 59.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 13,151 shares of the company’s stock worth $531,000 after buying an additional 4,894 shares during the period. Jane Street Group LLC bought a new position in T. Rowe Price Dividend Growth ETF in the 2nd quarter worth $686,000. Bank of America Corp DE lifted its position in T. Rowe Price Dividend Growth ETF by 20.3% during the 2nd quarter. Bank of America Corp DE now owns 1,612,279 shares of the company’s stock worth $68,328,000 after acquiring an additional 271,807 shares during the last quarter. Two Sigma Investments LP lifted its position in T. Rowe Price Dividend Growth ETF by 149.5% during the 3rd quarter. Two Sigma Investments LP now owns 98,300 shares of the company’s stock worth $4,321,000 after acquiring an additional 58,900 shares during the last quarter. Finally, Raymond James Financial Inc. boosted its holdings in T. Rowe Price Dividend Growth ETF by 584.2% during the third quarter. Raymond James Financial Inc. now owns 31,952 shares of the company’s stock valued at $1,405,000 after acquiring an additional 27,282 shares during the period.

T. Rowe Price Dividend Growth ETF Stock Performance

Shares of NYSEARCA:TDVG opened at $50.69 on Wednesday. The company has a market cap of $1.45 billion, a P/E ratio of 24.89 and a beta of 0.79. The stock’s 50-day moving average is $49.19 and its 200-day moving average is $47.35. T. Rowe Price Dividend Growth ETF has a 52-week low of $42.71 and a 52-week high of $50.85.

T. Rowe Price Dividend Growth ETF 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.