LPL Financial LLC Acquires 1,929,512 Shares of Capital Group Dividend Growers ETF $CGDG

LPL Financial LLC boosted its holdings in shares of Capital Group Dividend Growers ETF (NYSEARCA:CGDG) by 25.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 9,651,113 shares of the company’s stock after purchasing an additional 1,929,512 shares during the quarter. LPL Financial LLC owned about 0.08% of Capital Group Dividend Growers ETF worth $343,966,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. RFG Advisory LLC boosted its stake in Capital Group Dividend Growers ETF by 217.8% during the 4th quarter. RFG Advisory LLC now owns 142,426 shares of the company’s stock valued at $5,076,000 after purchasing an additional 97,611 shares during the period. Stratos Wealth Partners LTD. boosted its stake in Capital Group Dividend Growers ETF by 40.9% during the 4th quarter. Stratos Wealth Partners LTD. now owns 164,128 shares of the company’s stock valued at $5,850,000 after purchasing an additional 47,672 shares during the period. Assetmark Inc. boosted its stake in Capital Group Dividend Growers ETF by 11.5% during the 4th quarter. Assetmark Inc. now owns 564,722 shares of the company’s stock valued at $20,127,000 after purchasing an additional 58,154 shares during the period. NavPoint Financial Inc. boosted its stake in Capital Group Dividend Growers ETF by 48.6% during the 4th quarter. NavPoint Financial Inc. now owns 133,607 shares of the company’s stock valued at $4,762,000 after purchasing an additional 43,691 shares during the period. Finally, UBS Group AG boosted its stake in Capital Group Dividend Growers ETF by 19.0% during the 4th quarter. UBS Group AG now owns 930,806 shares of the company’s stock valued at $33,174,000 after purchasing an additional 148,596 shares during the period.

Capital Group Dividend Growers ETF Stock Down 0.1%

Shares of NYSEARCA:CGDG opened at $36.94 on Tuesday. The business has a 50 day moving average price of $37.00 and a 200 day moving average price of $36.54. Capital Group Dividend Growers ETF has a twelve month low of $32.74 and a twelve month high of $38.00. The company has a market cap of $4.84 billion, a price-to-earnings ratio of 20.18 and a beta of 0.50.

Capital Group Dividend Growers ETF Profile

The Capital Group Dividend Growers ETF (CGDG) is an exchange-traded fund that mostly invests in total market equity. The fund actively selects dividend-paying companies globally that are attractively valued and believed to provide dividend growth. It employs a multi-manager approach to portfolio management. CGDG was launched on Sep 26, 2023 and is issued by Capital Group.