Moloney Securities Asset Management LLC Acquires Shares of 7,118 Capital Group Dividend Growers ETF (NYSEARCA:CGDG)

Moloney Securities Asset Management LLC bought a new position in shares of Capital Group Dividend Growers ETF (NYSEARCA:CGDG) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 7,118 shares of the company’s stock, valued at approximately $211,000.

A number of other institutional investors have also modified their holdings of CGDG. Concourse Financial Group Securities Inc. grew its stake in shares of Capital Group Dividend Growers ETF by 117.7% in the 3rd quarter. Concourse Financial Group Securities Inc. now owns 40,151 shares of the company’s stock valued at $1,238,000 after purchasing an additional 21,709 shares during the last quarter. Koshinski Asset Management Inc. purchased a new position in Capital Group Dividend Growers ETF in the 3rd quarter valued at $515,000. Bleakley Financial Group LLC grew its position in Capital Group Dividend Growers ETF by 90.5% in the 3rd quarter. Bleakley Financial Group LLC now owns 30,602 shares of the company’s stock valued at $940,000 after buying an additional 14,539 shares during the last quarter. Raymond James & Associates increased its stake in Capital Group Dividend Growers ETF by 48.5% in the 3rd quarter. Raymond James & Associates now owns 209,908 shares of the company’s stock valued at $6,448,000 after buying an additional 68,574 shares during the period. Finally, Commonwealth Equity Services LLC raised its position in Capital Group Dividend Growers ETF by 14.9% during the 3rd quarter. Commonwealth Equity Services LLC now owns 994,625 shares of the company’s stock worth $30,555,000 after buying an additional 128,898 shares during the last quarter.

Capital Group Dividend Growers ETF Stock Up 0.3 %

Shares of NYSEARCA:CGDG opened at $31.21 on Wednesday. Capital Group Dividend Growers ETF has a fifty-two week low of $26.91 and a fifty-two week high of $31.28. The firm’s 50-day simple moving average is $30.16 and its 200-day simple moving average is $30.15. The company has a market cap of $362.04 million, a price-to-earnings ratio of 17.10 and a beta of 0.82.

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.