Wealth Enhancement Advisory Services LLC Has $6.27 Million Stake in Capital Group Dividend Growers ETF $CGDG

Wealth Enhancement Advisory Services LLC lifted its stake in shares of Capital Group Dividend Growers ETF (NYSEARCA:CGDG) by 22.4% during the fourth quarter, Holdings Channel reports. The fund owned 172,515 shares of the company’s stock after buying an additional 31,526 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in Capital Group Dividend Growers ETF were worth $6,273,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Trust Co. of Vermont acquired a new position in shares of Capital Group Dividend Growers ETF during the third quarter valued at about $30,000. Ameriflex Group Inc. acquired a new stake in shares of Capital Group Dividend Growers ETF in the 3rd quarter valued at about $33,000. Ancora Advisors LLC bought a new stake in Capital Group Dividend Growers ETF in the 3rd quarter valued at about $48,000. Strategic Investment Solutions Inc. IL raised its stake in Capital Group Dividend Growers ETF by 35.8% during the 3rd quarter. Strategic Investment Solutions Inc. IL now owns 2,238 shares of the company’s stock worth $78,000 after buying an additional 590 shares during the period. Finally, JPMorgan Chase & Co. grew its stake in Capital Group Dividend Growers ETF by 65.2% in the third quarter. JPMorgan Chase & Co. now owns 4,167 shares of the company’s stock valued at $144,000 after acquiring an additional 1,645 shares during the period.

Capital Group Dividend Growers ETF Stock Down 0.7%

NYSEARCA CGDG opened at $35.15 on Friday. Capital Group Dividend Growers ETF has a 52 week low of $27.62 and a 52 week high of $38.00. The business has a 50 day moving average price of $36.73 and a 200-day moving average price of $35.77. The company has a market cap of $4.24 billion, a price-to-earnings ratio of 20.18 and a beta of 0.56.

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. CGDG was launched on Sep 26, 2023 and is issued by Capital Group.