Congress Wealth Management LLC DE Invests $408,000 in T. Rowe Price Equity Income ETF (NYSEARCA:TEQI)

Congress Wealth Management LLC DE purchased a new stake in shares of T. Rowe Price Equity Income ETF (NYSEARCA:TEQI) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 10,060 shares of the company’s stock, valued at approximately $408,000.

A number of other large investors also recently bought and sold shares of TEQI. Cullen Frost Bankers Inc. increased its holdings in shares of T. Rowe Price Equity Income ETF by 66.7% during the 4th quarter. Cullen Frost Bankers Inc. now owns 1,030 shares of the company’s stock valued at $42,000 after purchasing an additional 412 shares in the last quarter. Glass Jacobson Investment Advisors llc purchased a new position in T. Rowe Price Equity Income ETF in the third quarter valued at $42,000. D.A. Davidson & CO. raised its position in shares of T. Rowe Price Equity Income ETF by 31.5% in the fourth quarter. D.A. Davidson & CO. now owns 15,958 shares of the company’s stock worth $647,000 after acquiring an additional 3,822 shares during the period. Commonwealth Equity Services LLC grew its position in shares of T. Rowe Price Equity Income ETF by 14.0% during the 4th quarter. Commonwealth Equity Services LLC now owns 20,031 shares of the company’s stock valued at $812,000 after acquiring an additional 2,455 shares during the period. Finally, Janney Montgomery Scott LLC increased its stake in shares of T. Rowe Price Equity Income ETF by 47.5% in the 4th quarter. Janney Montgomery Scott LLC now owns 21,490 shares of the company’s stock valued at $872,000 after purchasing an additional 6,924 shares in the last quarter.

T. Rowe Price Equity Income ETF Trading Down 1.2 %

Shares of TEQI opened at $41.49 on Friday. The firm has a market cap of $294.16 million, a P/E ratio of 19.08 and a beta of 0.89. T. Rowe Price Equity Income ETF has a 12 month low of $37.63 and a 12 month high of $43.65. The stock’s 50 day moving average is $42.16 and its two-hundred day moving average is $41.90.

T. Rowe Price Equity Income ETF Cuts Dividend

The company also recently announced a dividend, which will be paid on Monday, March 31st. Shareholders of record on Thursday, March 27th will be issued a dividend of $0.1428 per share. The ex-dividend date of this dividend is Thursday, March 27th.

T. Rowe Price Equity Income ETF Company Profile

The T. Rowe Price Equity Income ETF (TEQI) is an exchange-traded fund that is based on the Russell 1000 Value index. The ETF currently has 106.18m in AUM and 111 holdings. TEQI is an actively-managed, non-transparent fund of global large-cap companies that are positioned to outperform the Russell 1000 Value Index TEQI was launched on Aug 4, 2020 and is managed by T.