Raymond James Financial Inc. Purchases New Shares in T. Rowe Price Dividend Growth ETF (NYSEARCA:TDVG)

Raymond James Financial Inc. purchased a new stake in shares of T. Rowe Price Dividend Growth ETF (NYSEARCA:TDVG) during the 4th 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.

A number of other hedge funds and other institutional investors have also modified their holdings of TDVG. Principal Securities Inc. lifted its position in T. Rowe Price Dividend Growth ETF by 4.1% during the 4th quarter. Principal Securities Inc. now owns 6,966 shares of the company’s stock valued at $276,000 after purchasing an additional 277 shares during the period. Perigon Wealth Management LLC lifted its holdings in T. Rowe Price Dividend Growth ETF by 2.3% in the fourth quarter. Perigon Wealth Management LLC now owns 19,176 shares of the company’s stock valued at $775,000 after buying an additional 428 shares during the period. Adirondack Trust Co. boosted its stake in 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 valued at $266,000 after acquiring an additional 762 shares during the last quarter. Equita Financial Network Inc. grew its holdings in T. Rowe Price Dividend Growth ETF by 4.9% during the 4th quarter. Equita Financial Network Inc. now owns 17,430 shares of the company’s stock worth $690,000 after acquiring an additional 821 shares during the period. Finally, Bartlett & CO. Wealth Management LLC acquired a new stake in T. Rowe Price Dividend Growth ETF during the 4th quarter worth $34,000.

T. Rowe Price Dividend Growth ETF Trading Up 0.0 %

NYSEARCA:TDVG opened at $40.24 on Friday. T. Rowe Price Dividend Growth ETF has a 1-year low of $35.39 and a 1-year high of $42.14. The firm has a market capitalization of $793.13 million, a price-to-earnings ratio of 25.05 and a beta of 0.87. The business’s 50-day moving average price is $39.41 and its two-hundred day moving average price is $40.36.

T. Rowe Price Dividend Growth ETF Increases Dividend

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

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.