Capital Group Dividend Growers ETF (NYSEARCA:CGDG) Sets New 52-Week High – Here’s What Happened

Capital Group Dividend Growers ETF (NYSEARCA:CGDGGet Free Report)’s share price hit a new 52-week high during trading on Tuesday . The stock traded as high as $38.45 and last traded at $38.24, with a volume of 606425 shares trading hands. The stock had previously closed at $38.23.

Capital Group Dividend Growers ETF Stock Down 0.9%

The firm has a market cap of $5.42 billion, a price-to-earnings ratio of 20.18 and a beta of 0.49. The firm has a 50 day moving average of $37.64 and a 200 day moving average of $37.10.

Institutional Trading of Capital Group Dividend Growers ETF

Several large investors have recently modified their holdings of the stock. Gunpowder Capital Management LLC dba Oliver Wealth Management bought a new stake in shares of Capital Group Dividend Growers ETF in the 4th quarter valued at $25,000. CoreCap Advisors LLC boosted its stake in Capital Group Dividend Growers ETF by 1,458.3% during the second quarter. CoreCap Advisors LLC now owns 748 shares of the company’s stock worth $28,000 after acquiring an additional 700 shares in the last quarter. Ancora Advisors LLC acquired a new stake in Capital Group Dividend Growers ETF in the third quarter worth $48,000. Pinnacle Bancorp Inc. acquired a new stake in Capital Group Dividend Growers ETF in the first quarter worth $50,000. Finally, CX Institutional increased its stake in Capital Group Dividend Growers ETF by 121.3% in the second quarter. CX Institutional now owns 1,737 shares of the company’s stock valued at $65,000 after purchasing an additional 952 shares in the last quarter.

Capital Group Dividend Growers ETF Company Profile

(Get Free Report)

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.

Further Reading

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