Capital Group Dividend Growers ETF $CGDG Shares Acquired by Capital International Investors

Capital International Investors lifted its holdings in shares of Capital Group Dividend Growers ETF (NYSEARCA:CGDG) by 0.8% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 17,255,942 shares of the company’s stock after purchasing an additional 140,767 shares during the quarter. Capital International Investors owned about 0.14% of Capital Group Dividend Growers ETF worth $615,002,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in CGDG. NewEdge Advisors LLC boosted its holdings in shares of Capital Group Dividend Growers ETF by 13.8% during the first 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 last quarter. First Trust Advisors LP acquired a new stake in shares of Capital Group Dividend Growers ETF during the second quarter worth $372,000. Sei Investments Co. boosted its holdings in shares of Capital Group Dividend Growers ETF by 2,931.9% during the second 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 last quarter. Main Street Financial Solutions LLC acquired a new stake in shares of Capital Group Dividend Growers ETF during the second quarter worth $507,000. Finally, Betterment LLC acquired a new stake in shares of Capital Group Dividend Growers ETF during the second quarter worth $1,130,000.

Capital Group Dividend Growers ETF Price Performance

CGDG stock opened at $36.98 on Monday. Capital Group Dividend Growers ETF has a 52-week low of $32.74 and a 52-week high of $38.00. The stock’s fifty day simple moving average is $36.97 and its 200-day simple moving average is $36.52. The stock has a market capitalization of $4.84 billion, a price-to-earnings ratio of 20.18 and a beta of 0.50.

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.