T. Rowe Price Dividend Growth ETF $TDVG Stock: MBL Wealth LLC Trims Holdings

MBL Wealth LLC cut its stake in T. Rowe Price Dividend Growth ETF (NYSEARCA:TDVG) by 27.3% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 81,442 shares of the company’s stock after selling 30,591 shares during the quarter. MBL Wealth LLC owned approximately 0.31% of T. Rowe Price Dividend Growth ETF worth $3,930,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Bank of America Corp DE boosted its holdings 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 worth $112,724,000 after buying an additional 187,252 shares during the last quarter. Sequoia Financial Advisors LLC increased its stake in T. Rowe Price Dividend Growth ETF by 3.8% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 4,396,076 shares of the company’s stock worth $215,540,000 after buying an additional 161,288 shares in the last quarter. Centaurus Financial Inc. purchased a new stake in T. Rowe Price Dividend Growth ETF during the 1st quarter worth approximately $4,885,000. Sandy Cove Advisors LLC increased its stake in T. Rowe Price Dividend Growth ETF by 349.2% during the 2nd quarter. Sandy Cove Advisors LLC now owns 87,200 shares of the company’s stock worth $4,275,000 after buying an additional 67,786 shares in the last quarter. Finally, First Pacific Financial acquired a new position in shares of T. Rowe Price Dividend Growth ETF during the third quarter valued at approximately $2,647,000.

T. Rowe Price Dividend Growth ETF Price Performance

Shares of T. Rowe Price Dividend Growth ETF stock opened at $50.27 on Friday. The stock has a market capitalization of $1.33 billion, a P/E ratio of 24.89 and a beta of 0.78. The business has a 50 day simple moving average of $49.46 and a two-hundred day simple moving average of $48.69. T. Rowe Price Dividend Growth ETF has a 12 month low of $43.36 and a 12 month high of $50.90.

T. Rowe Price Dividend Growth ETF 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.