T. Rowe Price Health Care ETF (NASDAQ:TMED) Trading Up 0.6% – Here’s Why

T. Rowe Price Health Care ETF (NASDAQ:TMED) rose 0.6% during mid-day trading on Wednesday . The stock traded as high as $29.86 and last traded at $29.70. Approximately 2,362 shares changed hands during trading, a decline of 51% from the average daily volume of 4,833 shares. The stock had previously closed at $29.51.

T. Rowe Price Health Care ETF Trading Up 0.6%

The company’s 50 day moving average price is $29.97 and its two-hundred day moving average price is $27.84. The firm has a market cap of $16.34 million, a PE ratio of -21.84 and a beta of 1.62.

T. Rowe Price Health Care ETF Announces Dividend

The business also recently declared an annual dividend, which was paid on Friday, December 26th. Shareholders of record on Tuesday, December 23rd were issued a dividend of $0.1616 per share. This represents a yield of 54.0%. The ex-dividend date of this dividend was Tuesday, December 23rd.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in TMED. Flow Traders U.S. LLC purchased a new stake in T. Rowe Price Health Care ETF in the 3rd quarter worth approximately $1,259,000. Citadel Advisors LLC lifted its holdings in T. Rowe Price Health Care ETF by 210.6% during the third quarter. Citadel Advisors LLC now owns 29,774 shares of the company’s stock valued at $794,000 after purchasing an additional 20,189 shares in the last quarter. Finally, Essex Financial Services Inc. bought a new position in shares of T. Rowe Price Health Care ETF in the third quarter worth approximately $243,000.

About T. Rowe Price Health Care ETF

The T. Rowe Price Health Care ETF (TMED) is an exchange-traded fund. The fund’s investment portfolio concentrates primarily on health care equity. TMED is an actively managed ETF, aiming to outperform its respective sector index TMED was launched on Jun 11, 2025 and is issued by T. Rowe Price.