Private Advisor Group LLC Acquires 26,398 Shares of Capital Group Dividend Growers ETF (NYSEARCA:CGDG)

Private Advisor Group LLC lifted its holdings in shares of Capital Group Dividend Growers ETF (NYSEARCA:CGDG) by 12.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 244,429 shares of the company’s stock after purchasing an additional 26,398 shares during the period. Private Advisor Group LLC owned about 2.11% of Capital Group Dividend Growers ETF worth $7,245,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the business. Strategic Investment Solutions Inc. IL purchased a new stake in Capital Group Dividend Growers ETF in the 3rd quarter worth about $36,000. Stonebridge Financial Group LLC purchased a new stake in Capital Group Dividend Growers ETF in the 4th quarter worth about $59,000. Creative Financial Designs Inc. ADV increased its holdings in Capital Group Dividend Growers ETF by 139.9% in the 3rd quarter. Creative Financial Designs Inc. ADV now owns 6,407 shares of the company’s stock worth $197,000 after acquiring an additional 3,736 shares during the last quarter. Moloney Securities Asset Management LLC purchased a new stake in Capital Group Dividend Growers ETF in the 4th quarter worth about $211,000. Finally, Beta Wealth Group Inc. purchased a new stake in Capital Group Dividend Growers ETF in the 3rd quarter worth about $226,000.

Capital Group Dividend Growers ETF Stock Performance

Shares of CGDG opened at $31.10 on Friday. The business has a 50-day moving average of $30.32 and a 200 day moving average of $30.29. Capital Group Dividend Growers ETF has a fifty-two week low of $27.17 and a fifty-two week high of $31.75. The firm has a market cap of $360.76 million, a P/E ratio of 17.10 and a beta of 0.82.

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.