T. Rowe Price Dividend Growth ETF (NYSEARCA:TDVG) Reaches New 1-Year High – Here’s What Happened

T. Rowe Price Dividend Growth ETF (NYSEARCA:TDVG)’s stock price reached a new 52-week high on Tuesday . The stock traded as high as $50.31 and last traded at $50.28, with a volume of 21077 shares trading hands. The stock had previously closed at $49.75.

T. Rowe Price Dividend Growth ETF Stock Performance

The stock has a market capitalization of $1.44 billion, a PE ratio of 24.89 and a beta of 0.79. The firm has a 50 day moving average of $48.87 and a 200-day moving average of $47.14.

Institutional Trading of T. Rowe Price Dividend Growth ETF

Several institutional investors have recently made changes to their positions in TDVG. Sequoia Financial Advisors LLC lifted its holdings in shares of T. Rowe Price Dividend Growth ETF by 2.2% during the 1st quarter. Sequoia Financial Advisors LLC now owns 4,234,788 shares of the company’s stock valued at $188,999,000 after buying an additional 93,079 shares during the last quarter. Bank of America Corp DE raised its position in T. Rowe Price Dividend Growth ETF by 8.0% during the first 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 in the last quarter. Northwestern Mutual Wealth Management Co. lifted its stake in T. Rowe Price Dividend Growth ETF by 6.1% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,514,610 shares of the company’s stock valued at $68,112,000 after acquiring an additional 87,489 shares during the last quarter. Yarger Wealth Strategies LLC lifted its stake in T. Rowe Price Dividend Growth ETF by 2.6% in the fourth quarter. Yarger Wealth Strategies LLC now owns 399,968 shares of the company’s stock valued at $17,987,000 after acquiring an additional 10,026 shares during the last quarter. Finally, Rockefeller Capital Management L.P. grew its position in T. Rowe Price Dividend Growth ETF by 13.2% in the fourth quarter. Rockefeller Capital Management L.P. now owns 399,312 shares of the company’s stock worth $17,957,000 after acquiring an additional 46,440 shares in 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.