T. Rowe Price Dividend Growth ETF (NYSEARCA:TDVG) Short Interest Update

T. Rowe Price Dividend Growth ETF (NYSEARCA:TDVG) was the recipient of a large increase in short interest in January. As of January 30th, there was short interest totaling 67,533 shares, an increase of 28.9% from the January 15th total of 52,373 shares. Based on an average trading volume of 87,309 shares, the days-to-cover ratio is currently 0.8 days. Approximately 0.3% of the company’s stock are short sold. Approximately 0.3% of the company’s stock are short sold. Based on an average trading volume of 87,309 shares, the days-to-cover ratio is currently 0.8 days.

Hedge Funds Weigh In On T. Rowe Price Dividend Growth ETF

Several hedge funds and other institutional investors have recently modified their holdings of TDVG. Archer Investment Corp raised its stake in shares of T. Rowe Price Dividend Growth ETF by 192.0% in the fourth quarter. Archer Investment Corp now owns 1,019 shares of the company’s stock worth $46,000 after purchasing an additional 670 shares during the last quarter. International Assets Investment Management LLC acquired a new position in T. Rowe Price Dividend Growth ETF in the 4th quarter worth approximately $54,000. Ameritas Advisory Services LLC raised its position in T. Rowe Price Dividend Growth ETF by 73.7% during the 3rd quarter. Ameritas Advisory Services LLC now owns 1,374 shares of the company’s stock worth $60,000 after buying an additional 583 shares during the last quarter. N.E.W. Advisory Services LLC acquired a new stake in T. Rowe Price Dividend Growth ETF during the 2nd quarter valued at approximately $104,000. Finally, Arax Advisory Partners acquired a new stake in T. Rowe Price Dividend Growth ETF during the 4th quarter valued at approximately $106,000.

T. Rowe Price Dividend Growth ETF Trading Up 0.3%

Shares of TDVG traded up $0.12 during midday trading on Tuesday, hitting $46.77. 120,186 shares of the company’s stock traded hands, compared to its average volume of 80,512. The stock has a market capitalization of $1.26 billion, a price-to-earnings ratio of 24.89 and a beta of 0.86. T. Rowe Price Dividend Growth ETF has a 1 year low of $35.39 and a 1 year high of $47.26. The firm’s fifty day moving average is $45.69 and its 200-day moving average is $44.44.

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. Rowe Price.