15 Best Dividend Leaders to Buy Right Now

13. T. Rowe Price Group, Inc. (NASDAQ:TROW)

Number of Hedge Fund Holders: 35

On March 11, T. Rowe Price Group, Inc. (NASDAQ:TROW) reported that its assets under management at the end of February totaled $1.80 trillion. That was slightly higher than the $1.79 trillion reported at the end of the previous month. Net outflows for February came in at $5.3 billion. By asset class, equity strategies accounted for $868 billion in assets under management as of Feb. 28. Fixed income, including money market strategies, held $216 billion. Multi-asset strategies totaled $660 billion, while alternatives represented $59 billion in assets.

On March 12, the firm also announced the addition of the T. Rowe Price Emerging Markets Equity Research ETF (TEMR). The new active exchange-traded fund expands the firm’s ETF lineup into the emerging markets category. The fund uses a research approach similar to other offerings in T. Rowe Price’s structured research suite. It relies on active stock selection based on the “best ideas” input from the firm’s equity research analysts. TEMR began trading on the NYSE Arca today.

The ETF is expected to hold between 180 and 280 securities. Its objective is long-term capital growth through a portfolio of emerging markets equities. The fully transparent ETF uses a structured portfolio construction approach and the proprietary fundamental research platform that underpins the Structured Research strategy. The same research method is used for the T. Rowe Price U.S. Equity Research ETF (TSPA) and the International Equity Research (TIER).

T. Rowe Price Group, Inc. (NASDAQ:TROW) is a financial services holding company that provides global investment advisory services. The firm offers a range of investment solutions across equity, fixed income, multi-asset, and alternative strategies for clients that include individuals, advisors, institutions, and retirement plan sponsors.