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

T. Rowe Price Dividend Growth ETF (NYSEARCA:TDVG) reached a new 52-week high during trading on Thursday . The company traded as high as $49.07 and last traded at $49.07, with a volume of 3840 shares. The stock had previously closed at $48.53.

T. Rowe Price Dividend Growth ETF Stock Up 0.2%

The stock’s 50 day moving average price is $47.61 and its 200-day moving average price is $46.34. The stock has a market capitalization of $1.34 billion, a PE ratio of 24.89 and a beta of 0.79.

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

Several large investors have recently added to or reduced their stakes in the business. NewEdge Advisors LLC lifted its holdings in shares of T. Rowe Price Dividend Growth ETF by 2.9% during the first quarter. NewEdge Advisors LLC now owns 7,586 shares of the company’s stock worth $339,000 after purchasing an additional 214 shares during the period. Capital Advisors Ltd. LLC increased its holdings in T. Rowe Price Dividend Growth ETF by 0.8% in the first 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 in the last quarter. Aptus Capital Advisors LLC raised its position in T. Rowe Price Dividend Growth ETF by 1.8% during the fourth quarter. Aptus Capital Advisors LLC now owns 15,709 shares of the company’s stock worth $706,000 after acquiring an additional 276 shares during the last quarter. First Heartland Consultants Inc. increased 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 purchasing an additional 293 shares in the last quarter. Finally, Beaumont Financial Advisors LLC raised its position 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 purchasing an additional 351 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.