Souders Financial Advisors Cuts Position in T. Rowe Price Dividend Growth ETF (NYSEARCA:TDVG)

Souders Financial Advisors reduced its position in shares of T. Rowe Price Dividend Growth ETF (NYSEARCA:TDVG) by 97.8% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 6,374 shares of the company’s stock after selling 277,187 shares during the period. Souders Financial Advisors’ holdings in T. Rowe Price Dividend Growth ETF were worth $261,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also modified their holdings of the company. CWM LLC boosted its position in T. Rowe Price Dividend Growth ETF by 1,832.8% in the 3rd quarter. CWM LLC now owns 15,424 shares of the company’s stock valued at $632,000 after buying an additional 14,626 shares during the period. Wealth Enhancement Advisory Services LLC grew its stake in T. Rowe Price Dividend Growth ETF by 12.9% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 7,138 shares of the company’s stock worth $275,000 after purchasing an additional 818 shares in the last quarter. Envestnet Portfolio Solutions Inc. increased its holdings in T. Rowe Price Dividend Growth ETF by 15.1% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 12,829 shares of the company’s stock worth $494,000 after purchasing an additional 1,679 shares during the period. Cetera Investment Advisers raised its position in T. Rowe Price Dividend Growth ETF by 346.7% in the 1st quarter. Cetera Investment Advisers now owns 123,840 shares of the company’s stock valued at $4,706,000 after purchasing an additional 96,115 shares in the last quarter. Finally, TPG Advisors LLC purchased a new position in shares of T. Rowe Price Dividend Growth ETF in the 2nd quarter valued at about $3,258,000.

T. Rowe Price Dividend Growth ETF Stock Performance

TDVG stock opened at $41.20 on Wednesday. The company’s 50 day moving average price is $40.62 and its 200 day moving average price is $39.40. The firm has a market capitalization of $444.91 million, a price-to-earnings ratio of 23.97 and a beta of 0.74. T. Rowe Price Dividend Growth ETF has a fifty-two week low of $32.71 and a fifty-two week high of $41.54.

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.