Beam Wealth Advisors Inc. Reduces Stock Position in T. Rowe Price Dividend Growth ETF (NYSEARCA:TDVG)

Beam Wealth Advisors Inc. reduced its holdings in T. Rowe Price Dividend Growth ETF (NYSEARCA:TDVG) by 13.9% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 10,248 shares of the company’s stock after selling 1,650 shares during the period. Beam Wealth Advisors Inc.’s holdings in T. Rowe Price Dividend Growth ETF were worth $406,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Principal Securities Inc. grew its stake in shares of T. Rowe Price Dividend Growth ETF by 4.1% in the 4th quarter. Principal Securities Inc. now owns 6,966 shares of the company’s stock worth $276,000 after buying an additional 277 shares in the last quarter. NavPoint Financial Inc. grew its stake in shares of T. Rowe Price Dividend Growth ETF by 1.4% in the 3rd quarter. NavPoint Financial Inc. now owns 22,675 shares of the company’s stock worth $929,000 after buying an additional 303 shares in the last quarter. Perigon Wealth Management LLC grew its stake in shares of T. Rowe Price Dividend Growth ETF by 2.3% in the 4th quarter. Perigon Wealth Management LLC now owns 19,176 shares of the company’s stock worth $775,000 after buying an additional 428 shares in the last quarter. Adirondack Trust Co. grew its stake in shares of T. Rowe Price Dividend Growth ETF by 12.8% in the 4th quarter. Adirondack Trust Co. now owns 6,712 shares of the company’s stock worth $266,000 after buying an additional 762 shares in the last quarter. Finally, Equita Financial Network Inc. grew its stake in shares of T. Rowe Price Dividend Growth ETF by 4.9% in the 4th quarter. Equita Financial Network Inc. now owns 17,430 shares of the company’s stock worth $690,000 after buying an additional 821 shares in the last quarter.

T. Rowe Price Dividend Growth ETF Stock Down 1.0 %

Shares of NYSEARCA:TDVG opened at $40.84 on Friday. T. Rowe Price Dividend Growth ETF has a 52 week low of $36.25 and a 52 week high of $42.14. The firm has a fifty day simple moving average of $40.89 and a two-hundred day simple moving average of $40.77. The stock has a market capitalization of $777.59 million, a P/E ratio of 26.50 and a beta of 0.89.

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.