T. Rowe Price Dividend Growth ETF (NYSEARCA:TDVG) Sets New 1-Year High – What’s Next?

Shares of T. Rowe Price Dividend Growth ETF (NYSEARCA:TDVG) reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $50.85 and last traded at $50.85, with a volume of 2527 shares changing hands. The stock had previously closed at $50.60.

T. Rowe Price Dividend Growth ETF Trading Up 0.3%

The company has a market cap of $1.45 billion, a PE ratio of 24.89 and a beta of 0.79. The firm has a 50 day moving average of $49.14 and a two-hundred day moving average of $47.31.

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

A number of hedge funds have recently bought and sold shares of the company. Sequoia Financial Advisors LLC lifted its stake in shares of T. Rowe Price Dividend Growth ETF by 2.2% in the first quarter. Sequoia Financial Advisors LLC now owns 4,234,788 shares of the company’s stock worth $188,999,000 after buying an additional 93,079 shares in the last quarter. Bank of America Corp DE lifted its position in T. Rowe Price Dividend Growth ETF by 8.0% in the 1st quarter. Bank of America Corp DE now owns 2,525,752 shares of the company’s stock valued at $112,724,000 after acquiring an additional 187,252 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its stake in T. Rowe Price Dividend Growth ETF by 6.1% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,514,610 shares of the company’s stock valued at $68,112,000 after purchasing an additional 87,489 shares during the last quarter. Rockefeller Capital Management L.P. boosted its stake in T. Rowe Price Dividend Growth ETF by 13.2% during the 4th quarter. Rockefeller Capital Management L.P. now owns 399,312 shares of the company’s stock valued at $17,957,000 after purchasing an additional 46,440 shares during the last quarter. Finally, Cetera Investment Advisers increased its holdings in shares of T. Rowe Price Dividend Growth ETF by 12.4% in the 1st quarter. Cetera Investment Advisers now owns 308,853 shares of the company’s stock worth $13,784,000 after purchasing an additional 34,014 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.