Hunter Associates Investment Management LLC Makes New Investment in Capital Group Dividend Growers ETF $CGDG

Hunter Associates Investment Management LLC acquired a new position in shares of Capital Group Dividend Growers ETF (NYSEARCA:CGDG) during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 13,390 shares of the company’s stock, valued at approximately $482,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. CWS Financial Advisors LLC increased its stake in Capital Group Dividend Growers ETF by 2.2% in the first quarter. CWS Financial Advisors LLC now owns 53,031 shares of the company’s stock valued at $1,904,000 after purchasing an additional 1,145 shares during the last quarter. Latitude Advisors LLC boosted its stake in Capital Group Dividend Growers ETF by 47.6% in the 1st quarter. Latitude Advisors LLC now owns 53,638 shares of the company’s stock worth $1,926,000 after buying an additional 17,300 shares during the last quarter. Beacon Financial Advisory LLC purchased a new stake in Capital Group Dividend Growers ETF in the 1st quarter valued at about $374,000. World Investment Advisors grew its holdings in Capital Group Dividend Growers ETF by 99.8% in the 1st quarter. World Investment Advisors now owns 95,298 shares of the company’s stock valued at $3,421,000 after buying an additional 47,611 shares during the period. Finally, Private Advisor Group LLC increased its stake in shares of Capital Group Dividend Growers ETF by 5.0% during the 1st quarter. Private Advisor Group LLC now owns 826,492 shares of the company’s stock valued at $29,671,000 after acquiring an additional 39,218 shares during the last quarter.

Capital Group Dividend Growers ETF Price Performance

Shares of CGDG stock opened at $37.88 on Monday. The firm has a market cap of $5.24 billion, a P/E ratio of 20.18 and a beta of 0.49. Capital Group Dividend Growers ETF has a 1-year low of $32.90 and a 1-year high of $38.09. The firm’s 50-day simple moving average is $37.35 and its 200-day simple moving average is $36.83.

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.