T. Rowe Price Dividend Growth ETF (NYSEARCA:TDVG) Hits New 12-Month High – What’s Next?

T. Rowe Price Dividend Growth ETF (NYSEARCA:TDVG)’s share price reached a new 52-week high during mid-day trading on Thursday. The stock traded as high as $51.85 and last traded at $51.7440, with a volume of 13,835 shares. The stock had previously closed at $51.54.

T. Rowe Price Dividend Growth ETF Stock Up 0.2%

The firm has a market capitalization of $1.38 billion, a PE ratio of 24.61 and a beta of 0.77. The business’s fifty day moving average price is $49.62 and its 200 day moving average price is $48.14.

Institutional Trading of T. Rowe Price Dividend Growth ETF

Several hedge funds and other institutional investors have recently bought and sold shares of the company. NewEdge Advisors LLC raised its holdings in T. Rowe Price Dividend Growth ETF by 2.9% in the 1st quarter. NewEdge Advisors LLC now owns 7,586 shares of the company’s stock valued at $339,000 after acquiring an additional 214 shares during the last quarter. Wealthcare Capital Partners LLC boosted its holdings in shares of T. Rowe Price Dividend Growth ETF by 2.3% during the second quarter. Wealthcare Capital Partners LLC now owns 11,027 shares of the company’s stock worth $541,000 after purchasing an additional 243 shares during the last quarter. Saxony Capital Management LLC boosted its holdings in shares of T. Rowe Price Dividend Growth ETF by 2.2% during the third quarter. Saxony Capital Management LLC now owns 14,525 shares of the company’s stock worth $701,000 after purchasing an additional 311 shares during the last quarter. Bill Few Associates Inc. grew its position in shares of T. Rowe Price Dividend Growth ETF by 1.4% in the second quarter. Bill Few Associates Inc. now owns 28,493 shares of the company’s stock valued at $1,397,000 after purchasing an additional 380 shares during the period. Finally, Geneos Wealth Management Inc. grew its position in shares of T. Rowe Price Dividend Growth ETF by 4.3% in the first quarter. Geneos Wealth Management Inc. now owns 9,744 shares of the company’s stock valued at $435,000 after purchasing an additional 404 shares during the period.

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.