NavPoint Financial Inc. Trims Stock Holdings in T. Rowe Price Dividend Growth ETF (NYSEARCA:TDVG)

NavPoint Financial Inc. lowered its stake in shares of T. Rowe Price Dividend Growth ETF (NYSEARCA:TDVG) by 6.2% during the fourth quarter, Holdings Channel reports. The fund owned 21,268 shares of the company’s stock after selling 1,407 shares during the quarter. T. Rowe Price Dividend Growth ETF comprises 0.7% of NavPoint Financial Inc.’s portfolio, making the stock its 29th biggest holding. NavPoint Financial Inc.’s holdings in T. Rowe Price Dividend Growth ETF were worth $842,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Stifel Financial Corp boosted its stake in shares of T. Rowe Price Dividend Growth ETF by 43.3% during the 3rd quarter. Stifel Financial Corp now owns 15,359 shares of the company’s stock worth $629,000 after purchasing an additional 4,642 shares during the last quarter. CWM LLC boosted its position in T. Rowe Price Dividend Growth ETF by 1,832.8% during the third quarter. CWM LLC now owns 15,424 shares of the company’s stock worth $632,000 after acquiring an additional 14,626 shares during the last quarter. FMR LLC grew its stake in T. Rowe Price Dividend Growth ETF by 15.5% in the 3rd quarter. FMR LLC now owns 145,746 shares of the company’s stock worth $5,970,000 after acquiring an additional 19,586 shares during the period. Northwestern Mutual Wealth Management Co. grew its stake in T. Rowe Price Dividend Growth ETF by 20.3% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 33,081 shares of the company’s stock worth $1,274,000 after acquiring an additional 5,573 shares during the period. Finally, Rockefeller Capital Management L.P. raised its holdings in T. Rowe Price Dividend Growth ETF by 13.8% in the 3rd quarter. Rockefeller Capital Management L.P. now owns 317,757 shares of the company’s stock valued at $13,015,000 after acquiring an additional 38,449 shares during the last quarter.

T. Rowe Price Dividend Growth ETF Stock Down 0.5 %

TDVG stock opened at $41.33 on Monday. The stock has a market capitalization of $446.36 million, a price-to-earnings ratio of 23.97 and a beta of 0.74. T. Rowe Price Dividend Growth ETF has a 52-week low of $35.47 and a 52-week high of $42.06. The stock’s fifty day simple moving average is $40.63 and its 200-day simple moving average is $40.36.

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.