Capital Group Dividend Growers ETF $CGDG Shares Acquired by National Wealth Management Group LLC

National Wealth Management Group LLC boosted its position in shares of Capital Group Dividend Growers ETF (NYSEARCA:CGDG) by 1,170.0% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 99,428 shares of the company’s stock after buying an additional 91,599 shares during the quarter. Capital Group Dividend Growers ETF accounts for approximately 1.2% of National Wealth Management Group LLC’s investment portfolio, making the stock its 21st largest position. National Wealth Management Group LLC’s holdings in Capital Group Dividend Growers ETF were worth $3,544,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of CGDG. DAVENPORT & Co LLC lifted its holdings in Capital Group Dividend Growers ETF by 61.3% in the 4th quarter. DAVENPORT & Co LLC now owns 84,874 shares of the company’s stock valued at $3,025,000 after acquiring an additional 32,255 shares during the last quarter. Shira Ridge Wealth Management acquired a new position in shares of Capital Group Dividend Growers ETF in the 4th quarter worth approximately $2,387,000. Silverlake Wealth Management LLC bought a new stake in shares of Capital Group Dividend Growers ETF in the 4th quarter worth approximately $213,000. Wealth Enhancement Advisory Services LLC raised its holdings in shares of Capital Group Dividend Growers ETF by 22.4% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 172,515 shares of the company’s stock worth $6,273,000 after purchasing an additional 31,526 shares in the last quarter. Finally, Lincoln Capital LLC lifted its stake in Capital Group Dividend Growers ETF by 20.1% during the fourth quarter. Lincoln Capital LLC now owns 20,441 shares of the company’s stock valued at $729,000 after purchasing an additional 3,426 shares during the last quarter.

Capital Group Dividend Growers ETF Stock Performance

Shares of NYSEARCA:CGDG opened at $35.78 on Thursday. The stock has a market capitalization of $4.31 billion, a price-to-earnings ratio of 20.18 and a beta of 0.56. Capital Group Dividend Growers ETF has a 1-year low of $27.62 and a 1-year high of $38.00. The company has a 50 day moving average price of $36.79 and a 200 day moving average price of $35.75.

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.