T. Rowe Price Dividend Growth ETF (NYSEARCA:TDVG) Short Interest Update

T. Rowe Price Dividend Growth ETF (NYSEARCA:TDVG) was the target of a significant increase in short interest in February. As of February 13th, there was short interest totaling 145,264 shares, an increase of 115.1% from the January 29th total of 67,533 shares. Based on an average daily trading volume, of 76,062 shares, the days-to-cover ratio is currently 1.9 days. Currently, 0.5% of the shares of the stock are sold short. Currently, 0.5% of the shares of the stock are sold short. Based on an average daily trading volume, of 76,062 shares, the days-to-cover ratio is currently 1.9 days.

T. Rowe Price Dividend Growth ETF Trading Down 0.6%

Shares of NYSEARCA TDVG traded down $0.30 during midday trading on Friday, hitting $46.96. 9,183 shares of the company’s stock were exchanged, compared to its average volume of 74,015. The business’s fifty day moving average price is $46.01 and its two-hundred day moving average price is $44.67. The company has a market cap of $1.27 billion, a price-to-earnings ratio of 24.89 and a beta of 0.86. T. Rowe Price Dividend Growth ETF has a 12-month low of $35.39 and a 12-month high of $47.45.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Sequoia Financial Advisors LLC lifted its stake in T. Rowe Price Dividend Growth ETF by 10.1% during the fourth quarter. Sequoia Financial Advisors LLC now owns 4,141,709 shares of the company’s stock worth $186,253,000 after purchasing an additional 379,383 shares during the last quarter. Bank of America Corp DE boosted its stake in T. Rowe Price Dividend Growth ETF by 48.2% in the third quarter. Bank of America Corp DE now owns 2,389,859 shares of the company’s stock worth $105,058,000 after buying an additional 777,580 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted 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 worth $68,112,000 after buying an additional 87,489 shares in the last quarter. Yarger Wealth Strategies LLC grew its position in T. Rowe Price Dividend Growth ETF by 2.6% during 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. lifted its holdings in shares of T. Rowe Price Dividend Growth ETF by 4.4% in the 2nd quarter. Rockefeller Capital Management L.P. now owns 354,726 shares of the company’s stock worth $15,033,000 after acquiring an additional 15,060 shares during 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.