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

T. Rowe Price Dividend Growth ETF (NYSEARCA:TDVG) saw a significant increase in short interest in December. As of December 15th, there was short interest totaling 50,341 shares, an increase of 102.7% from the November 30th total of 24,833 shares. Approximately 0.2% of the shares of the stock are sold short. Based on an average daily volume of 49,212 shares, the days-to-cover ratio is currently 1.0 days. Based on an average daily volume of 49,212 shares, the days-to-cover ratio is currently 1.0 days. Approximately 0.2% of the shares of the stock are sold short.

Institutional Trading of T. Rowe Price Dividend Growth ETF

Several hedge funds and other institutional investors have recently bought and sold shares of TDVG. Goldman Sachs Group Inc. increased its position in T. Rowe Price Dividend Growth ETF by 59.3% during the first quarter. Goldman Sachs Group Inc. now owns 13,151 shares of the company’s stock valued at $531,000 after acquiring an additional 4,894 shares during the last quarter. Arete Wealth Advisors LLC grew its holdings in T. Rowe Price Dividend Growth ETF by 3.2% during the 1st quarter. Arete Wealth Advisors LLC now owns 10,733 shares of the company’s stock valued at $434,000 after purchasing an additional 330 shares during the last quarter. Focus Partners Wealth raised its position in T. Rowe Price Dividend Growth ETF by 8.0% in the 1st quarter. Focus Partners Wealth now owns 168,136 shares of the company’s stock worth $6,793,000 after purchasing an additional 12,455 shares during the period. Geneos Wealth Management Inc. raised its position in T. Rowe Price Dividend Growth ETF by 9.5% in the 1st quarter. Geneos Wealth Management Inc. now owns 8,650 shares of the company’s stock worth $349,000 after purchasing an additional 750 shares during the period. Finally, Sandy Cove Advisors LLC bought a new stake in T. Rowe Price Dividend Growth ETF in the second quarter worth about $220,000.

T. Rowe Price Dividend Growth ETF Price Performance

Shares of NYSEARCA TDVG traded down $0.02 during mid-day trading on Friday, hitting $45.44. 41,243 shares of the company’s stock traded hands, compared to its average volume of 79,060. T. Rowe Price Dividend Growth ETF has a 1 year low of $35.39 and a 1 year high of $45.51. The company’s 50-day moving average is $44.59 and its two-hundred day moving average is $43.51. The company has a market capitalization of $1.17 billion, a P/E ratio of 24.89 and a beta of 0.86.

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.