T. Rowe Price Dividend Growth ETF (NYSEARCA:TDVG) Short Interest Up 80.1% in June

T. Rowe Price Dividend Growth ETF (NYSEARCA:TDVG) was the target of a significant growth in short interest during the month of June. As of June 15th, there was short interest totaling 72,948 shares, a growth of 80.1% from the May 31st total of 40,502 shares. Currently, 0.3% of the company’s stock are short sold. Based on an average daily trading volume, of 43,837 shares, the days-to-cover ratio is presently 1.7 days.

T. Rowe Price Dividend Growth ETF Stock Performance

T. Rowe Price Dividend Growth ETF stock opened at $49.38 on Friday. T. Rowe Price Dividend Growth ETF has a 12 month low of $41.85 and a 12 month high of $49.45. The company has a market capitalization of $1.38 billion, a price-to-earnings ratio of 24.89 and a beta of 0.79. The business’s fifty day simple moving average is $47.90 and its two-hundred day simple moving average is $46.52.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. NewEdge Advisors LLC grew its stake in shares of T. Rowe Price Dividend Growth ETF by 2.9% in the first quarter. NewEdge Advisors LLC now owns 7,586 shares of the company’s stock worth $339,000 after acquiring an additional 214 shares during the period. Capital Advisors Ltd. LLC lifted its position in T. Rowe Price Dividend Growth ETF by 0.8% during the first quarter. Capital Advisors Ltd. LLC now owns 28,041 shares of the company’s stock valued at $1,251,000 after purchasing an additional 217 shares during the period. Aptus Capital Advisors LLC boosted its holdings in T. Rowe Price Dividend Growth ETF by 1.8% in the fourth quarter. Aptus Capital Advisors LLC now owns 15,709 shares of the company’s stock worth $706,000 after purchasing an additional 276 shares during the last quarter. Beaumont Financial Advisors LLC boosted its holdings in T. Rowe Price Dividend Growth ETF by 0.8% in the fourth quarter. Beaumont Financial Advisors LLC now owns 44,288 shares of the company’s stock worth $1,992,000 after purchasing an additional 351 shares during the last quarter. Finally, DAVENPORT & Co LLC grew its position in T. Rowe Price Dividend Growth ETF by 4.6% in the 4th quarter. DAVENPORT & Co LLC now owns 9,152 shares of the company’s stock worth $412,000 after purchasing an additional 402 shares during the period.

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. Rowe Price.