Frontier Asset Management LLC Sells 3,173 Shares of T. Rowe Price Dividend Growth ETF (NYSEARCA:TDVG)

Frontier Asset Management LLC lowered its holdings in shares of T. Rowe Price Dividend Growth ETF (NYSEARCA:TDVG) by 1.1% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 281,622 shares of the company’s stock after selling 3,173 shares during the period. T. Rowe Price Dividend Growth ETF makes up about 3.9% of Frontier Asset Management LLC’s holdings, making the stock its 8th biggest position. Frontier Asset Management LLC owned 2.61% of T. Rowe Price Dividend Growth ETF worth $10,842,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the business. Studio Investment Management LLC boosted its holdings in shares of T. Rowe Price Dividend Growth ETF by 9.7% during the 2nd quarter. Studio Investment Management LLC now owns 27,043 shares of the company’s stock worth $1,041,000 after buying an additional 2,386 shares in the last quarter. Beam Wealth Advisors Inc. lifted its position in shares of T. Rowe Price Dividend Growth ETF by 8.8% during the 2nd quarter. Beam Wealth Advisors Inc. now owns 10,011 shares of the company’s stock valued at $385,000 after acquiring an additional 810 shares during the period. Strategic Financial Concepts LLC bought a new position in T. Rowe Price Dividend Growth ETF during the second quarter worth $714,000. Cozad Asset Management Inc. grew its holdings in T. Rowe Price Dividend Growth ETF by 9.2% in the second quarter. Cozad Asset Management Inc. now owns 26,937 shares of the company’s stock worth $1,037,000 after purchasing an additional 2,270 shares during the period. Finally, Commonwealth Equity Services LLC increased its stake in 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 valued at $16,028,000 after purchasing an additional 34,475 shares in the last quarter.

T. Rowe Price Dividend Growth ETF Trading Down 0.1 %

Shares of NYSEARCA TDVG opened at $39.95 on Wednesday. The firm’s 50-day moving average price is $39.42 and its 200-day moving average price is $38.32. The firm has a market capitalization of $431.49 million, a P/E ratio of 23.97 and a beta of 0.74. T. Rowe Price Dividend Growth ETF has a 1-year low of $30.97 and a 1-year high of $40.79.

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.