T. Rowe Price Dividend Growth ETF (NYSEARCA:TDVG) Reaches New 52-Week High – Time to Buy?

T. Rowe Price Dividend Growth ETF (NYSEARCA:TDVG) hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $48.01 and last traded at $48.01, with a volume of 3317 shares changing hands. The stock had previously closed at $47.50.

T. Rowe Price Dividend Growth ETF Price Performance

The firm has a market capitalization of $1.32 billion, a PE ratio of 24.89 and a beta of 0.80. The business’s 50-day moving average price is $46.23 and its 200-day moving average price is $45.79.

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

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Capital Advisors Ltd. LLC grew its position in T. Rowe Price Dividend Growth ETF by 0.8% in the 1st quarter. Capital Advisors Ltd. LLC now owns 28,041 shares of the company’s stock valued at $1,251,000 after buying an additional 217 shares during the last quarter. Aptus Capital Advisors LLC raised its stake in shares of T. Rowe Price Dividend Growth ETF by 1.8% during the 4th quarter. Aptus Capital Advisors LLC now owns 15,709 shares of the company’s stock worth $706,000 after buying an additional 276 shares in the last quarter. First Heartland Consultants Inc. raised its stake 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 buying an additional 293 shares in the last quarter. Beaumont Financial Advisors LLC raised its stake 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 buying an additional 351 shares in the last quarter. Finally, DAVENPORT & Co LLC boosted its position in shares of T. Rowe Price Dividend Growth ETF by 4.6% during the 4th quarter. DAVENPORT & Co LLC now owns 9,152 shares of the company’s stock worth $412,000 after purchasing an additional 402 shares in the last quarter.

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.