T. Rowe Price Dividend Growth ETF (NYSEARCA:TDVG) Reaches New 12-Month High – Time to Buy?

T. Rowe Price Dividend Growth ETF (NYSEARCA:TDVG) shares reached a new 52-week high during trading on Thursday. The company traded as high as $50.94 and last traded at $50.9910, with a volume of 56,063 shares. The stock had previously closed at $50.37.

T. Rowe Price Dividend Growth ETF Stock Performance

The stock has a market capitalization of $1.35 billion, a price-to-earnings ratio of 24.89 and a beta of 0.78. The business has a 50-day moving average of $49.46 and a 200-day moving average of $47.89.

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

Several large investors have recently modified their holdings of TDVG. William Mack & Associates Inc. acquired a new position in shares of T. Rowe Price Dividend Growth ETF in the 3rd quarter valued at $151,000. Latitude Advisors LLC purchased a new position in T. Rowe Price Dividend Growth ETF during the 3rd quarter worth $77,000. Sigma Planning Corp purchased a new position in T. Rowe Price Dividend Growth ETF during the 3rd quarter worth $857,000. Newman Dignan & Sheerar Inc. purchased a new position in T. Rowe Price Dividend Growth ETF during the 3rd quarter worth $1,591,000. Finally, Equita Financial Network Inc. increased its stake in T. Rowe Price Dividend Growth ETF by 6.0% in the third quarter. Equita Financial Network Inc. now owns 13,945 shares of the company’s stock valued at $673,000 after purchasing an additional 788 shares during the period.

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.