Puff Wealth Management LLC purchased a new position in shares of Capital Group Dividend Growers ETF (NYSEARCA:CGDG – Free Report) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 13,285 shares of the company’s stock, valued at approximately $498,000.
A number of other hedge funds have also recently added to or reduced their stakes in CGDG. Capital International Investors lifted its stake in Capital Group Dividend Growers ETF by 0.8% in the fourth quarter. Capital International Investors now owns 17,255,942 shares of the company’s stock valued at $615,002,000 after buying an additional 140,767 shares during the last quarter. LPL Financial LLC boosted its holdings in shares of Capital Group Dividend Growers ETF by 25.0% in the fourth quarter. LPL Financial LLC now owns 9,651,113 shares of the company’s stock valued at $343,966,000 after acquiring an additional 1,929,512 shares during the period. Capital Group Private Client Services Inc. grew its position in shares of Capital Group Dividend Growers ETF by 9.8% during the fourth quarter. Capital Group Private Client Services Inc. now owns 5,180,776 shares of the company’s stock worth $184,643,000 after acquiring an additional 461,101 shares during the last quarter. Raymond James Financial Inc. grew its position in shares of Capital Group Dividend Growers ETF by 17.3% during the fourth quarter. Raymond James Financial Inc. now owns 4,159,257 shares of the company’s stock worth $148,236,000 after acquiring an additional 612,090 shares during the last quarter. Finally, Cetera Investment Advisers increased its holdings in shares of Capital Group Dividend Growers ETF by 20.1% in the 1st quarter. Cetera Investment Advisers now owns 3,870,449 shares of the company’s stock valued at $138,949,000 after acquiring an additional 648,834 shares during the period.
Capital Group Dividend Growers ETF Price Performance
CGDG stock opened at $39.00 on Friday. The company has a market cap of $5.62 billion, a price-to-earnings ratio of 20.18 and a beta of 0.49. The company has a fifty day moving average price of $37.80 and a 200 day moving average price of $37.19. Capital Group Dividend Growers ETF has a 12 month low of $33.56 and a 12 month high of $39.02.
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.
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