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

Stifel Financial Corp increased its position in T. Rowe Price Dividend Growth ETF (NYSEARCA:TDVG) by 34.4% in the fourth quarter, HoldingsChannel.com reports. The fund owned 20,650 shares of the company’s stock after buying an additional 5,291 shares during the period. Stifel Financial Corp’s holdings in T. Rowe Price Dividend Growth ETF were worth $818,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also added to or reduced their stakes in the company. Allworth Financial LP lifted its holdings in shares of T. Rowe Price Dividend Growth ETF by 18,206.0% during the fourth quarter. Allworth Financial LP now owns 260,677 shares of the company’s stock worth $10,680,000 after purchasing an additional 259,253 shares during the period. LPL Financial LLC increased its stake in shares of T. Rowe Price Dividend Growth ETF by 269.0% in the fourth quarter. LPL Financial LLC now owns 143,289 shares of the company’s stock worth $5,673,000 after acquiring an additional 104,455 shares during the period. Jones Financial Companies Lllp raised its holdings in shares of T. Rowe Price Dividend Growth ETF by 96.8% during the fourth quarter. Jones Financial Companies Lllp now owns 137,996 shares of the company’s stock worth $5,463,000 after purchasing an additional 67,859 shares during the last quarter. Yarger Wealth Strategies LLC raised its holdings in shares of T. Rowe Price Dividend Growth ETF by 24.2% during the fourth quarter. Yarger Wealth Strategies LLC now owns 314,680 shares of the company’s stock worth $12,458,000 after purchasing an additional 61,214 shares during the last quarter. Finally, Commonwealth Equity Services LLC lifted its position in T. Rowe Price Dividend Growth ETF by 7.8% during the fourth quarter. Commonwealth Equity Services LLC now owns 479,032 shares of the company’s stock valued at $18,965,000 after purchasing an additional 34,798 shares during the period.

T. Rowe Price Dividend Growth ETF Stock Performance

Shares of TDVG opened at $40.24 on Friday. The company has a market capitalization of $793.13 million, a P/E ratio of 25.05 and a beta of 0.87. The business’s 50-day moving average is $39.41 and its two-hundred day moving average is $40.36. T. Rowe Price Dividend Growth ETF has a fifty-two week low of $35.39 and a fifty-two week high of $42.14.

T. Rowe Price Dividend Growth ETF Increases Dividend

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

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.