T. Rowe Price Dividend Growth ETF (NYSEARCA:TDVG) Reaches New 12-Month High – Time to Buy?

T. Rowe Price Dividend Growth ETF (NYSEARCA:TDVG)’s stock price reached a new 52-week high during trading on Wednesday . The stock traded as high as $47.55 and last traded at $47.54, with a volume of 56163 shares traded. The stock had previously closed at $47.28.

T. Rowe Price Dividend Growth ETF Stock Up 0.7%

The firm has a market cap of $1.32 billion, a PE ratio of 24.89 and a beta of 0.80. The business has a 50-day moving average price of $46.02 and a two-hundred day moving average price of $45.68.

Institutional Investors Weigh In On T. Rowe Price Dividend Growth ETF

Several large investors have recently bought and sold shares of TDVG. Bank of America Corp DE boosted its stake in shares of T. Rowe Price Dividend Growth ETF by 48.2% in the 3rd quarter. Bank of America Corp DE now owns 2,389,859 shares of the company’s stock valued at $105,058,000 after buying an additional 777,580 shares during the period. Sequoia Financial Advisors LLC raised its holdings in T. Rowe Price Dividend Growth ETF by 10.1% in the fourth quarter. Sequoia Financial Advisors LLC now owns 4,141,709 shares of the company’s stock valued at $186,253,000 after acquiring an additional 379,383 shares in the last quarter. Centaurus Financial Inc. acquired a new stake in T. Rowe Price Dividend Growth ETF in the first quarter valued at approximately $4,885,000. 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 worth $68,112,000 after acquiring an additional 87,489 shares during the last quarter. Finally, Yarger Wealth Strategies LLC lifted its stake in T. Rowe Price Dividend Growth ETF by 22.5% in the third quarter. Yarger Wealth Strategies LLC now owns 389,942 shares of the company’s stock worth $17,142,000 after acquiring an additional 71,614 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.