Axxcess Wealth Management LLC Takes $524,000 Position in Capital Group Dividend Growers ETF $CGDG

Axxcess Wealth Management LLC bought a new position in shares of Capital Group Dividend Growers ETF (NYSEARCA:CGDG) in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 14,585 shares of the company’s stock, valued at approximately $524,000.

Other hedge funds have 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 4th quarter valued at $25,000. Ancora Advisors LLC acquired a new stake in Capital Group Dividend Growers ETF in the 3rd quarter valued at $48,000. Pinnacle Bancorp Inc. purchased a new position in Capital Group Dividend Growers ETF in the first quarter valued at about $50,000. Strategic Investment Solutions Inc. IL lifted its stake in shares of 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 worth $78,000 after purchasing an additional 590 shares in the last quarter. Finally, Arax Advisory Partners lifted its stake in shares of Capital Group Dividend Growers ETF by 919.0% during the fourth quarter. Arax Advisory Partners now owns 2,955 shares of the company’s stock worth $105,000 after purchasing an additional 2,665 shares in the last quarter.

Capital Group Dividend Growers ETF Stock Performance

Capital Group Dividend Growers ETF stock opened at $37.79 on Friday. The firm has a market capitalization of $5.25 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 $38.25. The stock’s 50 day moving average price is $37.43 and its 200 day moving average price is $36.90.

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.