Financial Connections Group Inc. Sells 4,797 Shares of T. Rowe Price Dividend Growth ETF $TDVG

Financial Connections Group Inc. lessened its holdings in T. Rowe Price Dividend Growth ETF (NYSEARCA:TDVG) by 10.1% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 42,616 shares of the company’s stock after selling 4,797 shares during the quarter. T. Rowe Price Dividend Growth ETF makes up approximately 0.7% of Financial Connections Group Inc.’s holdings, making the stock its 27th biggest holding. Financial Connections Group Inc. owned about 0.20% of T. Rowe Price Dividend Growth ETF worth $1,806,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of TDVG. Wealth Enhancement Advisory Services LLC raised its holdings in T. Rowe Price Dividend Growth ETF by 692.6% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 55,175 shares of the company’s stock worth $2,229,000 after buying an additional 48,214 shares during the period. Janney Montgomery Scott LLC raised its position in T. Rowe Price Dividend Growth ETF by 2.2% during the first quarter. Janney Montgomery Scott LLC now owns 16,915 shares of the company’s stock worth $683,000 after acquiring an additional 358 shares in the last quarter. Schaper Benz & Wise Investment Counsel Inc. WI raised its position in T. Rowe Price Dividend Growth ETF by 42.7% during the first quarter. Schaper Benz & Wise Investment Counsel Inc. WI now owns 13,425 shares of the company’s stock worth $542,000 after acquiring an additional 4,015 shares in the last quarter. United Advisor Group LLC raised its position in T. Rowe Price Dividend Growth ETF by 3.7% during the first quarter. United Advisor Group LLC now owns 194,833 shares of the company’s stock worth $7,871,000 after acquiring an additional 6,964 shares in the last quarter. Finally, Lighthouse Wealth Management Inc. bought a new stake in T. Rowe Price Dividend Growth ETF during the first quarter worth $233,000.

T. Rowe Price Dividend Growth ETF Price Performance

NYSEARCA:TDVG opened at $43.17 on Friday. T. Rowe Price Dividend Growth ETF has a one year low of $35.39 and a one year high of $44.33. The company has a market cap of $1.10 billion, a P/E ratio of 24.89 and a beta of 0.87. The firm’s fifty day moving average price is $43.36 and its two-hundred day moving average price is $41.71.

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.