T. Rowe Price Dividend Growth ETF (NYSEARCA:TDVG) Sees Large Volume Increase – Should You Buy?

T. Rowe Price Dividend Growth ETF (NYSEARCA:TDVGGet Free Report) saw an uptick in trading volume on Monday . Approximately 181,822 shares changed hands during trading, an increase of 209% from the previous session’s volume of 58,797 shares.The stock last traded at $50.21 and had previously closed at $50.56.

T. Rowe Price Dividend Growth ETF Stock Performance

The stock has a market cap of $1.44 billion, a P/E ratio of 24.89 and a beta of 0.79. The business’s 50-day moving average price is $49.33 and its 200-day moving average price is $47.45.

Hedge Funds Weigh In On T. Rowe Price Dividend Growth ETF

Institutional investors and hedge funds have recently bought and sold shares of the stock. TD Capital Management LLC purchased a new stake in T. Rowe Price Dividend Growth ETF in the fourth quarter worth about $32,000. Cornerstone Planning Group LLC bought a new position in shares of T. Rowe Price Dividend Growth ETF during the 1st quarter valued at approximately $34,000. Archer Investment Corp grew its stake in shares of T. Rowe Price Dividend Growth ETF by 192.0% during the 4th quarter. Archer Investment Corp now owns 1,019 shares of the company’s stock valued at $46,000 after acquiring an additional 670 shares during the period. International Assets Investment Management LLC bought a new position in shares of T. Rowe Price Dividend Growth ETF during the 4th quarter valued at approximately $54,000. Finally, Arax Advisory Partners purchased a new stake in T. Rowe Price Dividend Growth ETF in the 4th quarter worth approximately $106,000.

About T. Rowe Price Dividend Growth ETF

(Get Free Report)

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.

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