Private Advisor Group LLC Increases Position in Capital Group Dividend Growers ETF $CGDG

Private Advisor Group LLC lifted its position in Capital Group Dividend Growers ETF (NYSEARCA:CGDG) by 5.0% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 826,492 shares of the company’s stock after acquiring an additional 39,218 shares during the period. Private Advisor Group LLC owned 0.65% of Capital Group Dividend Growers ETF worth $29,671,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently made changes to their positions in the company. Gunpowder Capital Management LLC dba Oliver Wealth Management acquired a new stake in Capital Group Dividend Growers ETF during the 4th quarter worth about $25,000. Ameriflex Group Inc. acquired a new position in shares of Capital Group Dividend Growers ETF in the third quarter valued at about $33,000. Ancora Advisors LLC acquired a new position in shares of Capital Group Dividend Growers ETF in the third quarter valued at about $48,000. Pinnacle Bancorp Inc. acquired a new position in shares of Capital Group Dividend Growers ETF in the first quarter valued at about $50,000. Finally, Strategic Investment Solutions Inc. IL raised its stake in shares of Capital Group Dividend Growers ETF by 35.8% in the third quarter. Strategic Investment Solutions Inc. IL now owns 2,238 shares of the company’s stock worth $78,000 after purchasing an additional 590 shares during the last quarter.

Capital Group Dividend Growers ETF Price Performance

Shares of NYSEARCA:CGDG opened at $37.88 on Friday. Capital Group Dividend Growers ETF has a 52-week low of $32.90 and a 52-week high of $38.09. The stock has a market cap of $5.25 billion, a price-to-earnings ratio of 20.18 and a beta of 0.49. The business has a 50-day moving average price of $37.35 and a 200-day moving average price of $36.82.

About Capital Group Dividend Growers ETF

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.