T. Rowe Price Dividend Growth ETF (NYSEARCA:TDVG – Get Free Report) was the recipient of a significant decline in short interest in September. As of September 30th, there was short interest totaling 26,089 shares, a decline of 46.6% from the September 15th total of 48,873 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average daily trading volume, of 43,589 shares, the short-interest ratio is presently 0.6 days.
Institutional Inflows and Outflows
Several large investors have recently bought and sold shares of TDVG. Sequoia Financial Advisors LLC grew its holdings in shares of T. Rowe Price Dividend Growth ETF by 3.8% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 4,396,076 shares of the company’s stock worth $215,540,000 after acquiring an additional 161,288 shares during the last quarter. Bank of America Corp DE boosted its stake in T. Rowe Price Dividend Growth ETF by 8.0% in the 1st quarter. Bank of America Corp DE now owns 2,525,752 shares of the company’s stock worth $112,724,000 after purchasing an additional 187,252 shares during the period. Rockefeller Capital Management L.P. grew its position in T. Rowe Price Dividend Growth ETF by 13.2% during the 4th quarter. Rockefeller Capital Management L.P. now owns 399,312 shares of the company’s stock worth $17,957,000 after purchasing an additional 46,440 shares in the last quarter. Yarger Wealth Strategies LLC increased its holdings in shares of T. Rowe Price Dividend Growth ETF by 1.1% in the 2nd quarter. Yarger Wealth Strategies LLC now owns 395,595 shares of the company’s stock valued at $19,590,000 after purchasing an additional 4,375 shares during the period. Finally, James T. Borello RIA boosted its stake in shares of T. Rowe Price Dividend Growth ETF by 1.7% during the 3rd quarter. James T. Borello RIA now owns 339,643 shares of the company’s stock valued at $16,391,000 after buying an additional 5,593 shares during the period.
T. Rowe Price Dividend Growth ETF Trading Down 0.1%
TDVG stock traded down $0.06 during trading on Friday, reaching $49.84. The stock had a trading volume of 28,586 shares, compared to its average volume of 71,163. The firm has a fifty day moving average price of $49.53 and a 200 day moving average price of $48.50. T. Rowe Price Dividend Growth ETF has a 1-year low of $43.36 and a 1-year high of $50.90. The company has a market capitalization of $1.33 billion, a P/E ratio of 24.89 and a beta of 0.78.
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.
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