Raymond James Financial Inc. Buys Shares of 9,019 T. Rowe Price Dividend Growth ETF (NYSEARCA:TDVG)

Raymond James Financial Inc. purchased a new position in T. Rowe Price Dividend Growth ETF (NYSEARCA:TDVG) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 9,019 shares of the company’s stock, valued at approximately $357,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Bartlett & CO. Wealth Management LLC bought a new stake in T. Rowe Price Dividend Growth ETF during the 4th quarter worth approximately $34,000. Comprehensive Financial Planning Inc. PA bought a new position in T. Rowe Price Dividend Growth ETF in the 4th quarter valued at $130,000. Wealthcare Capital Partners LLC purchased a new position in shares of T. Rowe Price Dividend Growth ETF during the 4th quarter valued at $203,000. Capital Investment Advisory Services LLC grew its position in shares of T. Rowe Price Dividend Growth ETF by 115.7% during the 4th quarter. Capital Investment Advisory Services LLC now owns 5,803 shares of the company’s stock valued at $230,000 after purchasing an additional 3,113 shares in the last quarter. Finally, Adirondack Trust Co. increased its holdings in shares of T. Rowe Price Dividend Growth ETF by 12.8% in the fourth quarter. Adirondack Trust Co. now owns 6,712 shares of the company’s stock worth $266,000 after purchasing an additional 762 shares during the period.

T. Rowe Price Dividend Growth ETF Stock Performance

NYSEARCA:TDVG opened at $38.75 on Thursday. T. Rowe Price Dividend Growth ETF has a 52-week low of $35.39 and a 52-week high of $42.14. The stock has a fifty day moving average of $40.48 and a 200 day moving average of $40.62. The firm has a market capitalization of $745.16 million, a price-to-earnings ratio of 25.54 and a beta of 0.88.

T. Rowe Price Dividend Growth ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Monday, March 31st. Stockholders of record on Thursday, March 27th were issued a dividend of $0.1178 per share. This is a positive change from T. Rowe Price Dividend Growth ETF’s previous dividend of $0.09. The ex-dividend date of this dividend was Thursday, March 27th.

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.