Formidable Asset Management LLC Trims Position in T. Rowe Price Dividend Growth ETF $TDVG

Formidable Asset Management LLC decreased its stake in shares of T. Rowe Price Dividend Growth ETF (NYSEARCA:TDVG) by 22.1% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 58,599 shares of the company’s stock after selling 16,651 shares during the period. Formidable Asset Management LLC owned 0.23% of T. Rowe Price Dividend Growth ETF worth $2,483,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. TPG Advisors LLC increased its position in shares of T. Rowe Price Dividend Growth ETF by 0.3% in the second quarter. TPG Advisors LLC now owns 92,611 shares of the company’s stock worth $3,925,000 after acquiring an additional 253 shares in the last quarter. Capital Advisors Ltd. LLC boosted its position in T. Rowe Price Dividend Growth ETF by 1.0% during the 2nd quarter. Capital Advisors Ltd. LLC now owns 26,647 shares of the company’s stock worth $1,129,000 after purchasing an additional 261 shares during the period. NavPoint Financial Inc. increased its holdings in T. Rowe Price Dividend Growth ETF by 1.5% in the 2nd quarter. NavPoint Financial Inc. now owns 21,565 shares of the company’s stock valued at $914,000 after purchasing an additional 327 shares in the last quarter. Equita Financial Network Inc. raised its position in T. Rowe Price Dividend Growth ETF by 3.0% in the third quarter. Equita Financial Network Inc. now owns 16,118 shares of the company’s stock valued at $709,000 after purchasing an additional 475 shares during the period. Finally, Garden State Investment Advisory Services LLC lifted its stake in shares of T. Rowe Price Dividend Growth ETF by 4.7% during the second quarter. Garden State Investment Advisory Services LLC now owns 16,756 shares of the company’s stock worth $711,000 after purchasing an additional 757 shares in the last quarter.

T. Rowe Price Dividend Growth ETF Price Performance

Shares of NYSEARCA TDVG opened at $46.06 on Monday. T. Rowe Price Dividend Growth ETF has a 1-year low of $35.39 and a 1-year high of $46.17. The company has a market capitalization of $1.22 billion, a price-to-earnings ratio of 24.89 and a beta of 0.86. The business has a 50-day moving average of $45.00 and a 200-day moving average of $43.93.

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.