Founders Financial Securities LLC Grows Position in Capital Group Dividend Growers ETF $CGDG

Founders Financial Securities LLC raised its position in Capital Group Dividend Growers ETF (NYSEARCA:CGDG) by 23.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 143,578 shares of the company’s stock after purchasing an additional 26,901 shares during the quarter. Founders Financial Securities LLC owned 0.12% of Capital Group Dividend Growers ETF worth $5,117,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of CGDG. NewEdge Advisors LLC raised its holdings in shares of Capital Group Dividend Growers ETF by 13.8% in the 1st quarter. NewEdge Advisors LLC now owns 29,206 shares of the company’s stock worth $902,000 after purchasing an additional 3,550 shares during the period. First Trust Advisors LP purchased a new position in shares of Capital Group Dividend Growers ETF in the 2nd quarter worth about $372,000. Sei Investments Co. raised its holdings in shares of Capital Group Dividend Growers ETF by 2,931.9% in the 2nd quarter. Sei Investments Co. now owns 255,957 shares of the company’s stock worth $8,608,000 after purchasing an additional 247,515 shares during the period. Main Street Financial Solutions LLC purchased a new position in shares of Capital Group Dividend Growers ETF in the 2nd quarter worth about $507,000. Finally, Betterment LLC purchased a new position in shares of Capital Group Dividend Growers ETF in the 2nd quarter worth about $1,130,000.

Capital Group Dividend Growers ETF Price Performance

Capital Group Dividend Growers ETF stock opened at $37.34 on Friday. The stock’s 50-day moving average is $36.79 and its 200-day moving average is $36.45. The company has a market cap of $4.89 billion, a price-to-earnings ratio of 20.18 and a beta of 0.53. Capital Group Dividend Growers ETF has a 12 month low of $32.38 and a 12 month high of $38.00.

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.