Northwestern Mutual Wealth Management Co. Purchases 76,634 Shares of Capital Group Dividend Growers ETF $CGDG

Northwestern Mutual Wealth Management Co. lifted its position in Capital Group Dividend Growers ETF (NYSEARCA:CGDG) by 10.1% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 832,693 shares of the company’s stock after buying an additional 76,634 shares during the quarter. Northwestern Mutual Wealth Management Co. owned about 0.69% of Capital Group Dividend Growers ETF worth $29,677,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in the company. Bond & Devick Financial Network Inc. grew its stake in shares of Capital Group Dividend Growers ETF by 3.4% in the 4th quarter. Bond & Devick Financial Network Inc. now owns 8,521 shares of the company’s stock valued at $304,000 after buying an additional 284 shares in the last quarter. Signature Estate & Investment Advisors LLC grew its stake in shares of Capital Group Dividend Growers ETF by 2.3% in the 4th quarter. Signature Estate & Investment Advisors LLC now owns 13,787 shares of the company’s stock valued at $491,000 after buying an additional 307 shares in the last quarter. Lodestone Wealth Management LLC grew its stake in shares of Capital Group Dividend Growers ETF by 2.2% in the 4th quarter. Lodestone Wealth Management LLC now owns 15,453 shares of the company’s stock valued at $551,000 after buying an additional 327 shares in the last quarter. Trinity Wealth Management LLC grew its stake in shares of Capital Group Dividend Growers ETF by 5.2% in the 4th quarter. Trinity Wealth Management LLC now owns 11,950 shares of the company’s stock valued at $426,000 after buying an additional 589 shares in the last quarter. Finally, Strategic Investment Solutions Inc. IL grew its stake in shares of Capital Group Dividend Growers ETF by 35.8% in the 3rd quarter. Strategic Investment Solutions Inc. IL now owns 2,238 shares of the company’s stock valued at $78,000 after buying an additional 590 shares in the last quarter.

Capital Group Dividend Growers ETF Stock Performance

Shares of NYSEARCA CGDG opened at $37.34 on Monday. The stock has a market cap of $4.89 billion, a price-to-earnings ratio of 20.18 and a beta of 0.53. The business has a 50 day simple moving average of $36.79 and a 200 day simple moving average of $36.45. Capital Group Dividend Growers ETF has a 52 week low of $32.38 and a 52 week high of $38.00.

About Capital Group Dividend Growers ETF

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.