Cullen Frost Bankers Inc. Acquires 39,901 Shares of Capital Group Dividend Growers ETF $CGDG

Cullen Frost Bankers Inc. lifted its position in shares of Capital Group Dividend Growers ETF (NYSEARCA:CGDG) by 22.4% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 217,760 shares of the company’s stock after buying an additional 39,901 shares during the quarter. Cullen Frost Bankers Inc. owned approximately 0.18% of Capital Group Dividend Growers ETF worth $7,761,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. Creative Financial Designs Inc. ADV lifted its stake in shares of Capital Group Dividend Growers ETF by 13.8% during the 4th quarter. Creative Financial Designs Inc. ADV now owns 5,913 shares of the company’s stock valued at $211,000 after buying an additional 715 shares in the last quarter. HighTower Advisors LLC lifted its stake in shares of Capital Group Dividend Growers ETF by 21.1% during the 4th quarter. HighTower Advisors LLC now owns 33,105 shares of the company’s stock valued at $1,180,000 after buying an additional 5,762 shares in the last quarter. Synergy Investment Management LLC lifted its stake in shares of Capital Group Dividend Growers ETF by 26.8% during the 4th quarter. Synergy Investment Management LLC now owns 18,385 shares of the company’s stock valued at $655,000 after buying an additional 3,885 shares in the last quarter. Envestnet Portfolio Solutions Inc. lifted its stake in shares of Capital Group Dividend Growers ETF by 12.2% during the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 187,517 shares of the company’s stock valued at $6,683,000 after buying an additional 20,346 shares in the last quarter. Finally, Intrua Financial LLC purchased a new position in shares of Capital Group Dividend Growers ETF during the 4th quarter valued at $345,000.

Capital Group Dividend Growers ETF Stock Performance

CGDG opened at $37.49 on Thursday. Capital Group Dividend Growers ETF has a fifty-two week low of $32.00 and a fifty-two week high of $38.00. The firm’s fifty day moving average is $36.61 and its 200 day moving average is $36.33. The stock has a market cap of $4.91 billion, a price-to-earnings ratio of 20.18 and a beta of 0.53.

Capital Group Dividend Growers ETF Company 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.