Capital Group Dividend Growers ETF $CGDG Shares Purchased by Cetera Investment Advisers

Cetera Investment Advisers raised its holdings in shares of Capital Group Dividend Growers ETF (NYSEARCA:CGDG) by 20.1% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,870,449 shares of the company’s stock after buying an additional 648,834 shares during the period. Cetera Investment Advisers owned about 2.95% of Capital Group Dividend Growers ETF worth $138,949,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Gunpowder Capital Management LLC dba Oliver Wealth Management acquired a new position in shares of Capital Group Dividend Growers ETF during the fourth quarter worth about $25,000. Ancora Advisors LLC acquired a new stake in shares of Capital Group Dividend Growers ETF in the third quarter valued at about $48,000. Pinnacle Bancorp Inc. acquired a new stake in shares of Capital Group Dividend Growers ETF in the first quarter valued at about $50,000. Arax Advisory Partners raised its holdings in shares of Capital Group Dividend Growers ETF by 919.0% during the 4th quarter. Arax Advisory Partners now owns 2,955 shares of the company’s stock valued at $105,000 after buying an additional 2,665 shares during the period. Finally, Godfrey Financial Associates Inc. purchased a new stake in shares of Capital Group Dividend Growers ETF during the 4th quarter valued at about $110,000.

Capital Group Dividend Growers ETF Stock Performance

Capital Group Dividend Growers ETF stock opened at $38.23 on Thursday. The stock’s 50 day moving average price is $37.55 and its 200 day moving average price is $37.02. The firm has a market capitalization of $5.38 billion, a PE ratio of 20.18 and a beta of 0.49. Capital Group Dividend Growers ETF has a one year low of $32.90 and a one year high of $38.30.

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.