Fmr LLC Has $5.97 Million Stock Position in T. Rowe Price Dividend Growth ETF (NYSEARCA:TDVG)

Fmr LLC boosted its holdings in shares of T. Rowe Price Dividend Growth ETF (NYSEARCA:TDVG) by 15.5% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 145,746 shares of the company’s stock after acquiring an additional 19,586 shares during the quarter. Fmr LLC owned 1.35% of T. Rowe Price Dividend Growth ETF worth $5,970,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in TDVG. CWM LLC increased its position in T. Rowe Price Dividend Growth ETF by 1,832.8% during the third quarter. CWM LLC now owns 15,424 shares of the company’s stock worth $632,000 after buying an additional 14,626 shares during the last quarter. Wealth Enhancement Advisory Services LLC increased its stake in shares of T. Rowe Price Dividend Growth ETF by 12.9% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 7,138 shares of the company’s stock valued at $275,000 after buying an additional 818 shares during the period. Envestnet Portfolio Solutions Inc. grew its holdings in T. Rowe Price Dividend Growth ETF by 15.1% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 12,829 shares of the company’s stock worth $494,000 after acquiring an additional 1,679 shares during the period. TPG Advisors LLC acquired a new stake in shares of T. Rowe Price Dividend Growth ETF in the 2nd quarter valued at approximately $3,258,000. Finally, Cetera Advisors LLC bought a new stake in shares of T. Rowe Price Dividend Growth ETF in the 1st quarter valued at $209,000.

T. Rowe Price Dividend Growth ETF Stock Performance

Shares of TDVG stock opened at $40.94 on Friday. The company’s 50 day moving average price is $41.00 and its two-hundred day moving average price is $39.92. T. Rowe Price Dividend Growth ETF has a 52 week low of $34.61 and a 52 week high of $42.06. The company has a market capitalization of $442.15 million, a P/E ratio of 23.97 and a beta of 0.74.

T. Rowe Price Dividend Growth ETF 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.