MFA Wealth Services Acquires 25,642 Shares of Capital Group Dividend Growers ETF $CGDG

MFA Wealth Services grew its holdings in Capital Group Dividend Growers ETF (NYSEARCA:CGDG) by 64.1% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 65,653 shares of the company’s stock after purchasing an additional 25,642 shares during the quarter. Capital Group Dividend Growers ETF comprises about 1.6% of MFA Wealth Services’ portfolio, making the stock its 14th biggest position. MFA Wealth Services owned approximately 0.05% of Capital Group Dividend Growers ETF worth $2,357,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Bond & Devick Financial Network Inc. grew its stake in Capital Group Dividend Growers ETF by 3.4% during the fourth quarter. Bond & Devick Financial Network Inc. now owns 8,521 shares of the company’s stock worth $304,000 after purchasing an additional 284 shares during the period. Concorde Asset Management LLC lifted its stake in Capital Group Dividend Growers ETF by 3.9% in the fourth quarter. Concorde Asset Management LLC now owns 7,944 shares of the company’s stock valued at $283,000 after buying an additional 295 shares during the period. Signature Estate & Investment Advisors LLC boosted its holdings in shares of Capital Group Dividend Growers ETF by 2.3% during the 4th quarter. Signature Estate & Investment Advisors LLC now owns 13,787 shares of the company’s stock worth $491,000 after buying an additional 307 shares in the last quarter. Lodestone Wealth Management LLC boosted its holdings in shares of Capital Group Dividend Growers ETF by 2.2% during the 4th quarter. Lodestone Wealth Management LLC now owns 15,453 shares of the company’s stock worth $551,000 after buying an additional 327 shares in the last quarter. Finally, Titleist Asset Management LLC boosted its holdings in shares of Capital Group Dividend Growers ETF by 4.7% during the 4th quarter. Titleist Asset Management LLC now owns 11,035 shares of the company’s stock worth $393,000 after buying an additional 495 shares in the last quarter.

Capital Group Dividend Growers ETF Stock Down 0.1%

Shares of CGDG stock opened at $37.51 on Friday. The firm has a 50 day moving average of $37.29 and a 200-day moving average of $36.75. The company has a market cap of $4.91 billion, a price-to-earnings ratio of 20.18 and a beta of 0.50. Capital Group Dividend Growers ETF has a 52 week low of $32.90 and a 52 week high of $38.09.

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.