Sequoia Financial Advisors LLC Buys 379,383 Shares of T. Rowe Price Dividend Growth ETF $TDVG

Sequoia Financial Advisors LLC lifted its position in T. Rowe Price Dividend Growth ETF (NYSEARCA:TDVG) by 10.1% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 4,141,709 shares of the company’s stock after purchasing an additional 379,383 shares during the period. T. Rowe Price Dividend Growth ETF accounts for about 1.0% of Sequoia Financial Advisors LLC’s investment portfolio, making the stock its 20th biggest position. Sequoia Financial Advisors LLC owned approximately 15.43% of T. Rowe Price Dividend Growth ETF worth $186,253,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Archer Investment Corp lifted its holdings in shares of T. Rowe Price Dividend Growth ETF by 192.0% in the 4th quarter. Archer Investment Corp now owns 1,019 shares of the company’s stock worth $46,000 after buying an additional 670 shares during the period. Ameritas Advisory Services LLC increased its stake in shares of T. Rowe Price Dividend Growth ETF by 73.7% during the third quarter. Ameritas Advisory Services LLC now owns 1,374 shares of the company’s stock valued at $60,000 after buying an additional 583 shares during the period. N.E.W. Advisory Services LLC bought a new stake in shares of T. Rowe Price Dividend Growth ETF in the fourth quarter valued at about $111,000. Comprehensive Financial Planning Inc. PA raised its holdings in shares of T. Rowe Price Dividend Growth ETF by 38.8% in the third quarter. Comprehensive Financial Planning Inc. PA now owns 4,245 shares of the company’s stock valued at $187,000 after acquiring an additional 1,187 shares in the last quarter. Finally, Apollon Wealth Management LLC purchased a new stake in T. Rowe Price Dividend Growth ETF in the fourth quarter worth about $211,000.

T. Rowe Price Dividend Growth ETF Price Performance

Shares of T. Rowe Price Dividend Growth ETF stock opened at $47.32 on Thursday. The stock has a market cap of $1.30 billion, a price-to-earnings ratio of 24.89 and a beta of 0.80. The firm’s 50-day moving average is $45.89 and its two-hundred day moving average is $45.46. T. Rowe Price Dividend Growth ETF has a 1 year low of $39.94 and a 1 year high of $47.52.

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.