Stifel Financial Corp Increases Stake in T. Rowe Price Dividend Growth ETF (NYSEARCA:TDVG)

Stifel Financial Corp increased its holdings in T. Rowe Price Dividend Growth ETF (NYSEARCA:TDVG) by 43.3% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 15,359 shares of the company’s stock after acquiring an additional 4,642 shares during the quarter. Stifel Financial Corp owned approximately 0.14% of T. Rowe Price Dividend Growth ETF worth $629,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Harbour Investments Inc. lifted its position in shares of T. Rowe Price Dividend Growth ETF by 9.7% in the 2nd quarter. Harbour Investments Inc. now owns 3,498 shares of the company’s stock worth $135,000 after purchasing an additional 308 shares during the period. Commonwealth Equity Services LLC lifted its holdings in T. Rowe Price Dividend Growth ETF by 9.0% during the second quarter. Commonwealth Equity Services LLC now owns 416,309 shares of the company’s stock worth $16,028,000 after buying an additional 34,475 shares during the period. Cozad Asset Management Inc. boosted its position in T. Rowe Price Dividend Growth ETF by 9.2% during the 2nd quarter. Cozad Asset Management Inc. now owns 26,937 shares of the company’s stock valued at $1,037,000 after acquiring an additional 2,270 shares in the last quarter. Strategic Financial Concepts LLC purchased a new position in shares of T. Rowe Price Dividend Growth ETF in the 2nd quarter valued at $714,000. Finally, Beam Wealth Advisors Inc. raised its position in shares of T. Rowe Price Dividend Growth ETF by 8.8% in the 2nd quarter. Beam Wealth Advisors Inc. now owns 10,011 shares of the company’s stock worth $385,000 after acquiring an additional 810 shares in the last quarter.

T. Rowe Price Dividend Growth ETF Price Performance

Shares of TDVG stock opened at $40.20 on Thursday. The company has a market cap of $434.16 million, a P/E ratio of 23.97 and a beta of 0.74. The stock’s 50-day moving average is $40.87 and its 200 day moving average is $40.06. T. Rowe Price Dividend Growth ETF has a 1-year low of $34.71 and a 1-year high of $42.06.

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.