T. Rowe Price Dividend Growth ETF (NYSEARCA:TDVG) Sets New 12-Month High – What’s Next?

T. Rowe Price Dividend Growth ETF (NYSEARCA:TDVG)’s stock price reached a new 52-week high on Tuesday . The stock traded as high as $46.23 and last traded at $46.04, with a volume of 31017 shares trading hands. The stock had previously closed at $46.04.

T. Rowe Price Dividend Growth ETF Price Performance

The stock’s fifty day moving average is $45.37 and its 200-day moving average is $44.18. The stock has a market capitalization of $1.23 billion, a PE ratio of 24.89 and a beta of 0.86.

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

Several institutional investors and hedge funds have recently added to or reduced their stakes in TDVG. Ameritas Advisory Services LLC purchased a new stake in T. Rowe Price Dividend Growth ETF during the 2nd quarter worth approximately $34,000. Archer Investment Corp boosted its stake in shares of T. Rowe Price Dividend Growth ETF by 192.0% in the fourth quarter. Archer Investment Corp now owns 1,019 shares of the company’s stock worth $46,000 after acquiring an additional 670 shares during the last quarter. International Assets Investment Management LLC purchased a new stake in shares of T. Rowe Price Dividend Growth ETF during the fourth quarter worth approximately $54,000. N.E.W. Advisory Services LLC acquired a new position in T. Rowe Price Dividend Growth ETF in the 2nd quarter valued at $104,000. Finally, Comprehensive Financial Planning Inc. PA lifted its holdings in T. Rowe Price Dividend Growth ETF by 38.8% in the 3rd quarter. Comprehensive Financial Planning Inc. PA now owns 4,245 shares of the company’s stock valued at $187,000 after purchasing an additional 1,187 shares in 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.