403,100 Shares in T. Rowe Price Dividend Growth ETF $TDVG Bought by Confluence Wealth Services Inc.

Confluence Wealth Services Inc. purchased a new stake in T. Rowe Price Dividend Growth ETF (NYSEARCA:TDVG) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 403,100 shares of the company’s stock, valued at approximately $19,454,000. Confluence Wealth Services Inc. owned approximately 1.52% of T. Rowe Price Dividend Growth ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. J. Derek Lewis & Associates Inc. raised its position in shares of T. Rowe Price Dividend Growth ETF by 34.7% during the third quarter. J. Derek Lewis & Associates Inc. now owns 11,843 shares of the company’s stock worth $572,000 after purchasing an additional 3,050 shares during the period. Kestra Advisory Services LLC boosted its position in shares of T. Rowe Price Dividend Growth ETF by 17.6% in the 3rd quarter. Kestra Advisory Services LLC now owns 51,279 shares of the company’s stock valued at $2,475,000 after purchasing an additional 7,658 shares during the period. Commonwealth Equity Services LLC acquired a new position in shares of T. Rowe Price Dividend Growth ETF in the 3rd quarter valued at $22,349,000. Landaas & Co. WI ADV acquired a new position in shares of T. Rowe Price Dividend Growth ETF in the 3rd quarter valued at $735,000. Finally, William Mack & Associates Inc. purchased a new position in T. Rowe Price Dividend Growth ETF in the 3rd quarter worth about $151,000.

T. Rowe Price Dividend Growth ETF Trading Up 0.2%

Shares of TDVG opened at $51.17 on Wednesday. The business’s 50-day moving average price is $49.58 and its 200 day moving average price is $48.11. The stock has a market capitalization of $1.36 billion, a P/E ratio of 24.89 and a beta of 0.77. T. Rowe Price Dividend Growth ETF has a 1-year low of $43.36 and a 1-year high of $51.84.

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.