Bank of America Corp DE Grows Stock Position in T. Rowe Price Dividend Growth ETF $TDVG

Bank of America Corp DE grew its stake in T. Rowe Price Dividend Growth ETF (NYSEARCA:TDVG) by 8.0% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 2,525,752 shares of the company’s stock after buying an additional 187,252 shares during the quarter. Bank of America Corp DE owned 9.19% of T. Rowe Price Dividend Growth ETF worth $112,724,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of the stock. Centaurus Financial Inc. purchased a new stake in T. Rowe Price Dividend Growth ETF in the 1st quarter worth approximately $4,885,000. Cetera Investment Advisers increased its holdings in shares of T. Rowe Price Dividend Growth ETF by 12.4% during the 1st quarter. Cetera Investment Advisers now owns 308,853 shares of the company’s stock valued at $13,784,000 after purchasing an additional 34,014 shares in the last quarter. Grant Street Asset Management Inc. lifted its stake in shares of T. Rowe Price Dividend Growth ETF by 4.6% in the 1st quarter. Grant Street Asset Management Inc. now owns 112,912 shares of the company’s stock valued at $5,039,000 after purchasing an additional 4,994 shares during the period. Cornerstone Planning Group LLC acquired a new position in shares of T. Rowe Price Dividend Growth ETF in the 1st quarter valued at $34,000. Finally, Geneos Wealth Management Inc. boosted its holdings in T. Rowe Price Dividend Growth ETF by 4.3% during the first quarter. Geneos Wealth Management Inc. now owns 9,744 shares of the company’s stock worth $435,000 after buying an additional 404 shares in the last quarter.

T. Rowe Price Dividend Growth ETF Stock Performance

Shares of NYSEARCA TDVG opened at $50.64 on Friday. The company has a market capitalization of $1.45 billion, a PE ratio of 24.89 and a beta of 0.79. The company’s fifty day moving average price is $49.08 and its 200 day moving average price is $47.26. T. Rowe Price Dividend Growth ETF has a 1 year low of $42.50 and a 1 year high of $50.81.

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.