Studio Investment Management LLC Sells 1,439 Shares of T. Rowe Price Dividend Growth ETF (NYSEARCA:TDVG)

Studio Investment Management LLC cut its holdings in T. Rowe Price Dividend Growth ETF (NYSEARCA:TDVG) by 5.3% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 25,604 shares of the company’s stock after selling 1,439 shares during the quarter. Studio Investment Management LLC owned 0.24% of T. Rowe Price Dividend Growth ETF worth $1,049,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. CWM LLC purchased a new position in T. Rowe Price Dividend Growth ETF in the 2nd quarter worth about $31,000. Allworth Financial LP raised its holdings in shares of T. Rowe Price Dividend Growth ETF by 55.5% during the third quarter. Allworth Financial LP now owns 1,424 shares of the company’s stock valued at $58,000 after purchasing an additional 508 shares during the last quarter. US Bancorp DE bought a new position in T. Rowe Price Dividend Growth ETF during the third quarter valued at approximately $58,000. Strategic Investment Solutions Inc. IL bought a new position in T. Rowe Price Dividend Growth ETF during the second quarter valued at approximately $66,000. Finally, Harbour Investments Inc. boosted its holdings in T. Rowe Price Dividend Growth ETF by 9.7% in the second 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 last quarter.

T. Rowe Price Dividend Growth ETF Trading Up 1.0 %

Shares of TDVG opened at $41.14 on Friday. The firm has a fifty day simple moving average of $40.75 and a two-hundred day simple moving average of $39.56. The firm has a market cap of $444.31 million, a PE ratio of 23.97 and a beta of 0.74. T. Rowe Price Dividend Growth ETF has a 1-year low of $33.80 and a 1-year high of $41.54.

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.