Diversify Wealth Management LLC Invests $751,000 in Capital Group Dividend Growers ETF $CGDG

Diversify Wealth Management LLC acquired a new position in shares of Capital Group Dividend Growers ETF (NYSEARCA:CGDG) during the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 20,423 shares of the company’s stock, valued at approximately $751,000.

Several other institutional investors have also added to or reduced their stakes in CGDG. Valmark Advisers Inc. boosted its stake in Capital Group Dividend Growers ETF by 186.1% in the 1st quarter. Valmark Advisers Inc. now owns 2,079,344 shares of the company’s stock worth $74,648,000 after purchasing an additional 1,352,510 shares during the period. Lincoln Capital LLC raised its stake in shares of Capital Group Dividend Growers ETF by 9.8% in the 1st quarter. Lincoln Capital LLC now owns 22,446 shares of the company’s stock valued at $804,000 after purchasing an additional 2,005 shares during the period. Fifth Third Bancorp acquired a new stake in shares of Capital Group Dividend Growers ETF in the 1st quarter valued at about $3,105,000. Simplicity Wealth LLC lifted its holdings in shares of Capital Group Dividend Growers ETF by 11.0% in the first quarter. Simplicity Wealth LLC now owns 33,113 shares of the company’s stock valued at $1,189,000 after purchasing an additional 3,286 shares in the last quarter. Finally, Kestra Advisory Services LLC lifted its holdings in shares of Capital Group Dividend Growers ETF by 109.4% in the first quarter. Kestra Advisory Services LLC now owns 317,362 shares of the company’s stock valued at $11,393,000 after purchasing an additional 165,792 shares in the last quarter.

Capital Group Dividend Growers ETF Price Performance

CGDG stock opened at $38.01 on Friday. The stock has a market capitalization of $5.34 billion, a P/E ratio of 20.18 and a beta of 0.49. The business has a 50-day moving average of $37.49 and a 200-day moving average of $36.96. Capital Group Dividend Growers ETF has a fifty-two week low of $32.90 and a fifty-two week high of $38.25.

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.