T. Rowe Price Dividend Growth ETF (NYSEARCA:TDVG) Shares Bought by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. boosted its holdings in shares of T. Rowe Price Dividend Growth ETF (NYSEARCA:TDVG) by 2.9% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 441,223 shares of the company’s stock after purchasing an additional 12,521 shares during the period. Envestnet Asset Management Inc.’s holdings in T. Rowe Price Dividend Growth ETF were worth $16,987,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Sequoia Financial Advisors LLC lifted its position in T. Rowe Price Dividend Growth ETF by 5.0% during the second quarter. Sequoia Financial Advisors LLC now owns 742,393 shares of the company’s stock valued at $28,582,000 after purchasing an additional 35,452 shares during the period. Commonwealth Equity Services LLC raised its position in shares of T. Rowe Price Dividend Growth ETF by 9.0% in the second quarter. Commonwealth Equity Services LLC now owns 416,309 shares of the company’s stock worth $16,028,000 after acquiring an additional 34,475 shares during the period. WNY Asset Management LLC raised its position in shares of T. Rowe Price Dividend Growth ETF by 2.2% in the fourth quarter. WNY Asset Management LLC now owns 306,202 shares of the company’s stock worth $10,800,000 after acquiring an additional 6,586 shares during the period. Souders Financial Advisors raised its position in shares of T. Rowe Price Dividend Growth ETF by 1.2% in the first quarter. Souders Financial Advisors now owns 274,201 shares of the company’s stock worth $10,420,000 after acquiring an additional 3,358 shares during the period. Finally, Yarger Wealth Strategies LLC raised its position in shares of T. Rowe Price Dividend Growth ETF by 112.4% in the first quarter. Yarger Wealth Strategies LLC now owns 239,520 shares of the company’s stock worth $9,102,000 after acquiring an additional 126,772 shares during the period.

T. Rowe Price Dividend Growth ETF Stock Performance

Shares of T. Rowe Price Dividend Growth ETF stock opened at $40.87 on Tuesday. The firm has a 50-day simple moving average of $39.71 and a two-hundred day simple moving average of $38.54. The company has a market cap of $441.40 million, a P/E ratio of 23.97 and a beta of 0.74. T. Rowe Price Dividend Growth ETF has a fifty-two week low of $30.97 and a fifty-two week high of $40.97.

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.