NPORT-P false 0001795351 XXXXXXXX S000067975 C000217971 T. Rowe Price Exchange-Traded Funds, Inc. 811-23494 0001795351 549300XZPUK24E1UMH17 1307 Point Street Baltimore 21231 410-345-2000 T. Rowe Price Dividend Growth ETF S000067975 549300KSTQCK8M5RT415 2026-12-31 2026-06-30 N 1376120415.340000 562772.650000 1375557642.690000 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000 0.030000 USD N ABBVIE INC FR5LCKFTG8054YNNRU85 00287Y109 73912.000000 NS USD 18599215.680000 1.3521218670 Long EC CORP US N 1 N N N ACCENTURE PLC CL A 5493000EWHDSR3MZWH98 G1151C101 2568.000000 NS USD 319561.920000 0.0232314452 Long EC CORP IE N 1 N N N AMEREN CORPORATION XRZQ5S7HYJFPHJ78L959 023608102 147637.000000 NS USD 16688886.480000 1.2132451569 Long EC CORP US N 1 N N N AMERICAN EXPRESS CO R4PP93JZOLY261QX3811 025816109 57319.000000 NS USD 19388151.750000 1.4094757754 Long EC CORP US N 1 N N N AMERICAN TOWER CORP 5493006ORUSIL88JOE18 03027X100 43184.000000 NS USD 7063606.880000 0.5135086063 Long EC CORP US N 1 N N N AMPHENOL CORP-CL A 549300D3L3G0R4U4VT04 032095101 99371.000000 NS USD 17521094.720000 1.2737448564 Long EC CORP US N 1 N N N ANALOG DEVICES INC GYVOE5EZ4GDAVTU4CQ61 032654105 57439.000000 NS USD 22813047.630000 1.6584581352 Long EC CORP US N 1 N N N AON PLC-CLASS A 635400FALWQYX5E6QC64 G0403H108 8614.000000 NS USD 2857177.660000 0.2077105002 Long EC CORP IE N 1 N N N APPLE INC HWUPKR0MPOU8FGXBT394 037833100 257476.000000 NS USD 74503255.360000 5.4162219778 Long EC CORP US N 1 N N N APPLIED MATERIALS INC 41BNNE1AFPNAZELZ6K07 038222105 30639.000000 NS USD 22151997.000000 1.6104012157 Long EC CORP US N 1 N N N ASTRAZENECA PLC PY6ZZQWO2IZFZC3IOL08 G0593M107 86627.000000 NS USD 16426211.740000 1.1941492839 Long EC CORP GB N 1 N N N ATMOS ENERGY CORP QVLWEGTD2S8GJMO8D383 049560105 61918.000000 NS USD 10666613.860000 0.7754392494 Long EC CORP US N 1 N N N AUTOMATIC DATA PROCESSING HGBOLILQXWER4SAL2I23 053015103 24859.000000 NS USD 5567173.050000 0.4047211747 Long EC CORP US N 1 N N N AVERY DENNISON CORP 549300PW7VPFCYKLIV37 053611109 39235.000000 NS USD 6369802.250000 0.4630705433 Long EC CORP US N 1 N N N BANK OF AMERICA CORP 9DJT3UXIJIZJI4WXO774 060505104 460817.000000 NS USD 26257352.660000 1.9088514974 Long EC CORP US N 1 N N N BECTON DICKINSON AND CO ICE2EP6D98PQUILVRZ91 075887109 2392.000000 NS USD 361981.360000 0.0263152447 Long EC CORP US N 1 N N N BROADCOM INC 549300WV6GIDOZJTV909 11135F101 133939.000000 NS USD 50595457.250000 3.6781779025 Long EC CORP US N 1 N N N BROADRIDGE FINANCIAL SOLUTIO 549300KZDJZQ2YIHRC28 11133T103 36860.000000 NS USD 5047977.000000 0.3669767695 Long EC CORP US N 1 N N N CATERPILLAR INC WRJR7GS4GTRECRRTVX92 149123101 17806.000000 NS USD 18961609.400000 1.3784670894 Long EC CORP US N 1 N N N CHUBB LTD E0JAN6VLUDI1HITHT809 H1467J104 82701.000000 NS USD 28179538.740000 2.0485901765 Long EC CORP CH N 1 N N N CISCO SYSTEMS INC 549300LKFJ962MZ46593 17275R102 176682.000000 NS USD 20753067.720000 1.5087021493 Long EC CORP US N 1 N N N CME GROUP INC LCZ7XYGSLJUHFXXNXD88 12572Q105 20090.000000 NS USD 4436474.700000 0.3225219040 Long EC CORP US N 1 N N N CMS ENERGY CORP 549300IA9XFBAGNIBW29 125896100 3298.000000 NS USD 252297.000000 0.0183414342 Long EC CORP US N 1 N N N COCA-COLA CO/THE UWJKFUJFZ02DKWI3RY53 191216100 242382.000000 NS USD 19698385.140000 1.4320290571 Long EC CORP US N 1 N N N COLGATE-PALMOLIVE CO YMEGZFW4SBUSS5BQXF88 194162103 152122.000000 NS USD 13946544.960000 1.0138829902 Long EC CORP US N 1 N N N CONOCOPHILLIPS WPTL2Z3FIYTHSP5V2253 20825C104 134068.000000 NS USD 13937709.280000 1.0132406558 Long EC CORP US N 1 N N N COSTCO WHOLESALE CORP 29DX7H14B9S6O3FD6V18 22160K105 7436.000000 NS USD 6956154.920000 0.5056970863 Long EC CORP US N 1 N N N CSX CORP 549300JVQR4N1MMP3Q88 126408103 246831.000000 NS USD 11731877.430000 0.8528815562 Long EC CORP US N 1 N N N DANAHER CORP S4BKK9OTCEWQ3YHPFM11 235851102 43459.000000 NS USD 8278070.320000 0.6017974139 Long EC CORP US N 1 N N N DEERE & CO PWFTNG3EI0Y73OXWDH08 244199105 29348.000000 NS USD 18616316.840000 1.3533650835 Long EC CORP US N 1 N N N ELEVANCE HEALTH INC 8MYN82XMYQH89CTMTH67 036752103 10498.000000 NS USD 4059891.540000 0.2951451407 Long EC CORP US N 1 N N N ELI LILLY & CO FRDRIPF3EKNDJ2CQJL29 532457108 21359.000000 NS USD 25618625.370000 1.8624174353 Long EC CORP US N 1 N N N EMERSON ELECTRIC CO FGLT0EWZSUIRRITFOA30 291011104 32780.000000 NS USD 4692457.000000 0.3411312514 Long EC CORP US N 1 N N N EOG RESOURCES INC XWTZDRYZPBUHIQBKDB46 26875P101 61277.000000 NS USD 7949465.210000 0.5779085487 Long EC CORP US N 1 N N N EQUITY RESIDENTIAL 5493008RACSH5EP3PI59 29476L107 191994.000000 NS USD 13042152.420000 0.9481356517 Long EC CORP US N 1 N N N EXXON MOBIL CORP J3WHBG0MTS7O8ZVMDC91 30231G102 155847.000000 NS USD 21307401.840000 1.5490010145 Long EC CORP US N 1 N N N GE VERNOVA LLC 254900DP080RU6OK2553 36828A101 5913.000000 NS USD 6946947.180000 0.5050277040 Long EC CORP US N 1 N N N GE Aerospace 3C7474T6CDKPR9K6YT90 369604301 90431.000000 NS USD 33796777.630000 2.4569510271 Long EC CORP US N 1 N N N GILEAD SCIENCES INC 549300WTZWR07K8MNV44 375558103 104536.000000 NS USD 13207078.240000 0.9601253942 Long EC CORP US N 1 N N N GOLDMAN SACHS GROUP INC 784F5XWPLTWKTBV3E584 38141G104 9526.000000 NS USD 9634310.620000 0.7003930858 Long EC CORP US N 1 N N N HARTFORD INSURANCE GROUP INC/T IU7C3FTM7Y3BQM112U94 416515104 59248.000000 NS USD 7851544.960000 0.5707899630 Long EC CORP US N 1 N N N HILTON WORLDWIDE HOLDINGS INC 549300HVGPK36ICB0B89 43300A203 54209.000000 NS USD 17913906.140000 1.3023013783 Long EC CORP US N 1 N N N HOME DEPOT INC QEKMOTMBBKA8I816DO57 437076102 49869.000000 NS USD 17587798.920000 1.2785941043 Long EC CORP US N 1 N N N HONEYWELL AEROSPACE 213800ZUAQRBYL67JS90 43849R105 17537.000000 NS USD 3877079.960000 0.2818551429 Long EC CORP US N 1 N N N HONEYWELL INTERNATIONAL INC ISRPG12PN4EIEOEMW547 438516205 17537.500000 NS USD 3926646.250000 0.2854585027 Long EC CORP US N 1 N N N HOWMET AEROSPACE INC 549300HO5WFZUT5N2T22 443201108 68484.000000 NS USD 18412608.240000 1.3385559186 Long EC CORP US N 1 N N N HUNTINGTON BANCSHARES INC 549300XTVCVV9I7B5T19 446150104 244900.000000 NS USD 4342077.000000 0.3156593999 Long EC CORP US N 1 N N N INTUIT INC VI90HBPH7XSFMB9E4M29 461202103 743.000000 NS USD 193923.000000 0.0140977734 Long EC CORP US N 1 N N N JOHNSON & JOHNSON 549300G0CFPGEF6X2043 478160104 34149.000000 NS USD 8672821.530000 0.6304949543 Long EC CORP US N 1 N N N J.P. MORGAN CHASE & CO. 8I5DZWZKVSZI1NUHU748 46625H100 129651.000000 NS USD 42438661.830000 3.0851969058 Long EC CORP US N 1 N N N KKR & CO INC 54930013V5I303TF9571 48251W104 38559.000000 NS USD 3538945.020000 0.2572734802 Long EC CORP US N 1 N N N KLA CORP 549300H0BF5JCG96TJ81 482480100 124140.000000 NS USD 37454279.400000 2.7228433210 Long EC CORP US N 1 N N N LINDE PLC 5299003QR1WT0EF88V51 G54950103 39472.000000 NS USD 20483599.680000 1.4891124184 Long EC CORP IE N 1 N N N MARRIOTT INTERNATIONAL -CL A 225YDZ14ZO8E1TXUSU86 571903202 12440.000000 NS USD 4610139.600000 0.3351469584 Long EC CORP US N 1 N N N MARSH & MCLENNAN COS 549300XMP3KDCKJXIU47 571748102 92891.000000 NS USD 15482142.970000 1.1255175712 Long EC CORP US N 1 N N N MARTIN MARIETTA MATERIALS 5299005MZ4WZECVATV08 573284106 7223.000000 NS USD 4165504.100000 0.3028229404 Long EC CORP US N 1 N N N MCDONALD S CORP UE2136O97NLB5BYP9H04 580135101 47850.000000 NS USD 12934333.500000 0.9402974545 Long EC CORP US N 1 N N N MCKESSON CORP 549300WZWOM80UCFSF54 58155Q103 19871.000000 NS USD 15014527.600000 1.0915229674 Long EC CORP US N 1 N N N MICROSOFT CORP INR2EJN1ERAN0W5ZP974 594918104 142533.000000 NS USD 53167659.660000 3.8651713320 Long EC CORP US N 1 N N N MONDELEZ INTERNATIONAL INC 549300DV9GIB88LZ5P30 609207105 198713.000000 NS USD 11493559.920000 0.8355564001 Long EC CORP US N 1 N N N MORGAN STANLEY IGJSJL3JD5P30I6NJZ34 617446448 109214.000000 NS USD 22830094.560000 1.6596974094 Long EC CORP US N 1 N N N NEXTERA ENERGY INC 254900RHL9MEUS5NKX63 65339F101 115961.000000 NS USD 10177896.970000 0.7399106118 Long EC CORP US N 1 N N N NIKE INC -CL B 787RXPR0UX0O0XUXPZ81 654106103 63262.000000 NS USD 2596905.100000 0.1887892604 Long EC CORP US N 1 N N N NORTHROP GRUMMAN CORP RIMU48P07456QXSO0R61 666807102 25186.000000 NS USD 12827481.660000 0.9325295620 Long EC CORP US N 1 N N N NVIDIA CORP 549300S4KLFTLO7GSQ80 67066G104 26100.000000 NS USD 5222349.000000 0.3796532285 Long EC CORP US N 1 N N N OLD DOMINION FREIGHT LINE 5299009TWK32WE417T96 679580100 47194.000000 NS USD 10222220.400000 0.7431328272 Long EC CORP US N 1 N N N PHILIP MORRIS INTERNATIONAL HL3H1H2BGXWVG3BSWR90 718172109 87841.000000 NS USD 15891315.310000 1.1552634958 Long EC CORP US N 1 N N N PROGRESSIVE CORP 529900TACNVLY9DCR586 743315103 54337.000000 NS USD 11869917.650000 0.8629167751 Long EC CORP US N 1 N N N QUALCOMM INC H1J8DDZKZP6H7RWC0H53 747525103 39559.000000 NS USD 7310107.610000 0.5314286645 Long EC CORP US N 1 N N N QUEST DIAGNOSTICS INC 8MCWUBXQ0WE04KMXBX50 74834L100 61247.000000 NS USD 12981301.650000 0.9437119352 Long EC CORP US N 1 N N N ROCKWELL AUTOMATION INC VH3R4HHBHH12O0EXZJ88 773903109 10277.000000 NS USD 5087937.160000 0.3698817848 Long EC CORP US N 1 N N N ROPER TECHNOLOGIES INC 54930003T4SXCIWVXY35 776696106 11400.000000 NS USD 3857646.000000 0.2804423370 Long EC CORP US N 1 N N N ROSS STORES INC 549300ENZFLPGRDFZQ60 778296103 85442.000000 NS USD 18186329.700000 1.3221059689 Long EC CORP US N 1 N N N S&P GLOBAL INC Y6X4K52KMJMZE7I7MY94 78409V104 17056.000000 NS USD 6946226.560000 0.5049753165 Long EC CORP US N 1 N N N SALESFORCE INC RCGZFPDMRW58VJ54VR07 79466L302 10950.000000 NS USD 1715427.000000 0.1247077510 Long EC CORP US N 1 N N N SCHWAB (CHARLES) CORP 549300VSGCJ7E698NM85 808513105 174476.000000 NS USD 16098900.520000 1.1703544817 Long EC CORP US N 1 N N N SHERWIN-WILLIAMS CO/THE Z15BMIOX8DDH0X2OBP21 824348106 38015.000000 NS USD 13089324.800000 0.9515649795 Long EC CORP US N 1 N N N SKYWORKS SOLUTIONS INC 549300WZ3ORQ2BVKBD96 83088M102 42500.000000 NS USD 2881500.000000 0.2094786805 Long EC CORP US N 1 N N N SLB LTD 213800ZUA17OK3QLGM62 806857108 191531.000000 NS USD 8904276.190000 0.6473211964 Long EC CORP CW N 1 N N N SOUTHERN CO/THE 549300FC3G3YU2FBZD92 842587107 56624.000000 NS USD 5419483.040000 0.3939844374 Long EC CORP US N 1 N N N STATE STREET INS US GO MM FD-IS 549300BZ5TGIFZUZDZ37 857492706 11457697.050000 NS USD 11457697.050000 0.8329492487 Long STIV RF US N 1 N N N STRYKER CORP 5493002F0SC4JTBU5137 863667101 42030.000000 NS USD 13232725.200000 0.9619898715 Long EC CORP US N 1 N N N T-MOBILE US INC 549300QHIJYOHPACPG31 872590104 68429.000000 NS USD 11477596.170000 0.8343958707 Long EC CORP US N 1 N N N TAIWAN SEMICONDUCTOR-SP ADR 549300KB6NK5SBD14S87 874039100 37161.000000 NS USD 17746978.770000 1.2901661275 Long EC CORP TW N 1 N N N TE CONNECTIVITY PLC 6367003TB6K484NFHE54 G87052109 56868.000000 NS USD 11465157.480000 0.8334916055 Long EC CORP IE N 1 N N N TEXAS INSTRUMENTS INC WDJNR2L6D8RWOEB8T652 882508104 46458.000000 NS USD 13847736.060000 1.0066998016 Long EC CORP US N 1 N N N THERMO FISHER SCIENTIFIC INC HCHV7422L5HDJZCRFL38 883556102 29188.000000 NS USD 14633695.680000 1.0638373286 Long EC CORP US N 1 N N N TRACTOR SUPPLY COMPANY 549300OJ9VZHZRO6I137 892356106 124696.000000 NS USD 3941640.560000 0.2865485558 Long EC CORP US N 1 N N N TRANE TECHNOLOGIES PLC 549300BURLR9SLYY2705 G8994E103 23903.000000 NS USD 11740197.480000 0.8534864055 Long EC CORP IE N 1 N N N UNION PACIFIC CORP 549300LMMRSZZCZ8CL11 907818108 54710.000000 NS USD 14881120.000000 1.0818245298 Long EC CORP US N 1 N N N UNITEDHEALTH GROUP INC 549300GHBMY8T5GXDE41 91324P102 57340.000000 NS USD 23832224.200000 1.7325500190 Long EC CORP US N 1 N N N VISA INC-CLASS A SHARES 549300JZ4OKEHW3DPJ59 92826C839 109640.000000 NS USD 37616387.600000 2.7346282288 Long EC CORP US N 1 N N N WALMART INC Y87794H0US1R65VBXU25 931142103 193600.000000 NS USD 21927136.000000 1.5940543180 Long EC CORP US N 1 N N N WASTE CONNECTIONS INC 549300HDLRTPBQU69P29 94106B101 80056.000000 NS USD 13344534.640000 0.9701181707 Long EC CORP CA N 1 N N N WELLS FARGO & CO PBLD0EJDB5FWOLXP3B76 949746101 35691.000000 NS USD 2949504.240000 0.2144224385 Long EC CORP US N 1 N N N WILLIAMS COS INC D71FAKCBLFS2O0RBPG08 969457100 121883.000000 NS USD 9060782.220000 0.6586988388 Long EC CORP US N 1 N N N WW GRAINGER INC 549300TWZSP6O1IH2V34 384802104 5483.000000 NS USD 7459073.200000 0.5422581336 Long EC CORP US N 1 N N N YUM BRANDS INC 549300JE8XHZZ7OHN517 988498101 46450.000000 NS USD 7425497.000000 0.5398172181 Long EC CORP US N 1 N N N 2026-08-04 T. Rowe Price Exchange-Traded Funds, Inc. /s/ Alan Dupski Alan Dupski Treasurer & Vice President