Apollon Wealth Management LLC Purchases 43,787 Shares of Capital Group Dividend Growers ETF $CGDG

Apollon Wealth Management LLC lifted its position in shares of Capital Group Dividend Growers ETF (NYSEARCA:CGDG) by 30.5% during the 1st quarter, Holdings Channel.com reports. The firm owned 187,357 shares of the company’s stock after purchasing an additional 43,787 shares during the quarter. Apollon Wealth Management LLC’s holdings in Capital Group Dividend Growers ETF were worth $6,726,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also modified their holdings of the company. Gunpowder Capital Management LLC dba Oliver Wealth Management bought a new position in shares of Capital Group Dividend Growers ETF during the 4th quarter worth about $25,000. Ameriflex Group Inc. bought a new position in Capital Group Dividend Growers ETF during the third quarter worth about $33,000. Ancora Advisors LLC acquired a new stake in Capital Group Dividend Growers ETF during the third quarter valued at approximately $48,000. Strategic Investment Solutions Inc. IL boosted its holdings in Capital Group Dividend Growers ETF by 35.8% during the third quarter. Strategic Investment Solutions Inc. IL now owns 2,238 shares of the company’s stock valued at $78,000 after purchasing an additional 590 shares in the last quarter. Finally, Arax Advisory Partners raised its holdings in shares of Capital Group Dividend Growers ETF by 919.0% in the 4th quarter. Arax Advisory Partners now owns 2,955 shares of the company’s stock worth $105,000 after buying an additional 2,665 shares in the last quarter.

Capital Group Dividend Growers ETF Price Performance

Capital Group Dividend Growers ETF stock opened at $37.89 on Tuesday. The firm has a market capitalization of $4.96 billion, a P/E ratio of 20.18 and a beta of 0.50. The stock has a fifty day moving average price of $37.31 and a two-hundred day moving average price of $36.77. Capital Group Dividend Growers ETF has a 52-week low of $32.90 and a 52-week high of $38.09.

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.