Rockefeller Capital Management L.P. Raises Stock Holdings in Capital Group Dividend Growers ETF $CGDG

Rockefeller Capital Management L.P. boosted its position in shares of Capital Group Dividend Growers ETF (NYSEARCA:CGDG) by 421.0% in the fourth quarter, HoldingsChannel.com reports. The fund owned 21,846 shares of the company’s stock after acquiring an additional 17,653 shares during the quarter. Rockefeller Capital Management L.P.’s holdings in Capital Group Dividend Growers ETF were worth $779,000 as of its most recent filing with the SEC.

Other large investors have also added to or reduced their stakes in the company. Gunpowder Capital Management LLC dba Oliver Wealth Management acquired a new position in shares of Capital Group Dividend Growers ETF in the fourth quarter valued at about $25,000. Ameriflex Group Inc. purchased a new stake in Capital Group Dividend Growers ETF in the third quarter valued at approximately $33,000. Ancora Advisors LLC acquired a new position in Capital Group Dividend Growers ETF in the 3rd quarter worth approximately $48,000. Strategic Investment Solutions Inc. IL increased its holdings in Capital Group Dividend Growers ETF by 35.8% in the 3rd quarter. Strategic Investment Solutions Inc. IL now owns 2,238 shares of the company’s stock worth $78,000 after buying an additional 590 shares during the period. Finally, Arax Advisory Partners raised its position in Capital Group Dividend Growers ETF by 919.0% during the 4th quarter. Arax Advisory Partners now owns 2,955 shares of the company’s stock worth $105,000 after buying an additional 2,665 shares during the last quarter.

Capital Group Dividend Growers ETF Stock Performance

CGDG opened at $37.88 on Friday. Capital Group Dividend Growers ETF has a 12-month low of $32.90 and a 12-month high of $38.09. The firm has a 50 day moving average of $37.35 and a two-hundred day moving average of $36.82. The firm has a market capitalization of $5.25 billion, a PE ratio of 20.18 and a beta of 0.49.

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.