T. Rowe Price Dividend Growth ETF (NYSEARCA:TDVG) Hits New 1-Year High – What’s Next?

T. Rowe Price Dividend Growth ETF (NYSEARCA:TDVG)’s share price hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $44.88 and last traded at $44.8690, with a volume of 12580 shares traded. The stock had previously closed at $44.70.

T. Rowe Price Dividend Growth ETF Price Performance

The company has a market cap of $1.16 billion, a price-to-earnings ratio of 24.89 and a beta of 0.86. The stock has a 50-day moving average price of $43.88 and a 200 day moving average price of $42.63.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in TDVG. Sigma Planning Corp raised its holdings in shares of T. Rowe Price Dividend Growth ETF by 10.9% during the first quarter. Sigma Planning Corp now owns 11,939 shares of the company’s stock worth $482,000 after acquiring an additional 1,174 shares during the period. Grant Street Asset Management Inc. increased its holdings in T. Rowe Price Dividend Growth ETF by 6.7% during the 1st quarter. Grant Street Asset Management Inc. now owns 100,121 shares of the company’s stock worth $4,045,000 after purchasing an additional 6,291 shares in the last quarter. Csenge Advisory Group increased its holdings in T. Rowe Price Dividend Growth ETF by 6.4% during the 1st quarter. Csenge Advisory Group now owns 11,226 shares of the company’s stock worth $429,000 after purchasing an additional 672 shares in the last quarter. Cetera Investment Advisers raised its stake in shares of T. Rowe Price Dividend Growth ETF by 3.6% in the 1st quarter. Cetera Investment Advisers now owns 135,029 shares of the company’s stock valued at $5,455,000 after purchasing an additional 4,703 shares during the period. Finally, MB Levis & Associates LLC lifted its holdings in shares of T. Rowe Price Dividend Growth ETF by 81.6% in the first quarter. MB Levis & Associates LLC now owns 8,715 shares of the company’s stock valued at $352,000 after purchasing an additional 3,917 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.