T. Rowe Price Dividend Growth ETF (NYSEARCA:TDVG) Reaches New 1-Year High – Here’s What Happened

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 $50.31 and last traded at $50.28, with a volume of 21077 shares changing hands. The stock had previously closed at $49.75.

T. Rowe Price Dividend Growth ETF Stock Up 1.5%

The stock has a market capitalization of $1.44 billion, a price-to-earnings ratio of 24.89 and a beta of 0.79. The company’s 50-day simple moving average is $48.87 and its 200 day simple moving average is $47.14.

Institutional Trading of T. Rowe Price Dividend Growth ETF

Large investors have recently made changes to their positions in the stock. NewEdge Advisors LLC lifted its position in shares of T. Rowe Price Dividend Growth ETF by 2.9% during the 1st 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 last quarter. Capital Advisors Ltd. LLC grew its holdings in T. Rowe Price Dividend Growth ETF by 0.8% in the 1st 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 during the last quarter. Wealthcare Capital Partners LLC increased its position in T. Rowe Price Dividend Growth ETF by 2.3% in the 2nd quarter. Wealthcare Capital Partners LLC now owns 11,027 shares of the company’s stock worth $541,000 after buying an additional 243 shares during the period. Aptus Capital Advisors LLC increased its position in T. Rowe Price Dividend Growth ETF by 1.8% in the 4th quarter. Aptus Capital Advisors LLC now owns 15,709 shares of the company’s stock worth $706,000 after buying an additional 276 shares during the period. Finally, Bill Few Associates Inc. lifted its holdings in shares of T. Rowe Price Dividend Growth ETF by 1.4% during the second quarter. Bill Few Associates Inc. now owns 28,493 shares of the company’s stock worth $1,397,000 after buying an additional 380 shares during 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.