Founders Financial Alliance LLC Purchases 15,048 Shares of Capital Group Dividend Growers ETF $CGDG

Founders Financial Alliance LLC grew its position in shares of Capital Group Dividend Growers ETF (NYSEARCA:CGDG) by 10.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 165,761 shares of the company’s stock after buying an additional 15,048 shares during the period. Capital Group Dividend Growers ETF makes up 1.1% of Founders Financial Alliance LLC’s holdings, making the stock its 19th biggest position. Founders Financial Alliance LLC owned 0.14% of Capital Group Dividend Growers ETF worth $5,908,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the company. Ameriflex Group Inc. bought a new position in shares of Capital Group Dividend Growers ETF in the third quarter worth $33,000. Ancora Advisors LLC bought a new position in shares of Capital Group Dividend Growers ETF in the third quarter worth $48,000. Strategic Investment Solutions Inc. IL increased its position in shares of Capital Group Dividend Growers ETF by 35.8% in 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 during the period. Godfrey Financial Associates Inc. bought a new position in shares of Capital Group Dividend Growers ETF in the fourth quarter worth $110,000. Finally, Root Financial Partners LLC bought a new position in shares of Capital Group Dividend Growers ETF in the fourth quarter worth $125,000.

Capital Group Dividend Growers ETF Stock Performance

Shares of NYSEARCA CGDG opened at $37.55 on Friday. Capital Group Dividend Growers ETF has a 52 week low of $32.74 and a 52 week high of $38.00. The stock has a market capitalization of $4.92 billion, a P/E ratio of 20.18 and a beta of 0.50. The stock’s fifty day moving average is $37.11 and its 200 day moving average is $36.60.

About Capital Group Dividend Growers ETF

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.