Advance Capital Management Inc. Has $7.56 Million Stock Position in Capital Group Dividend Growers ETF $CGDG

Advance Capital Management Inc. cut its holdings in shares of Capital Group Dividend Growers ETF (NYSEARCA:CGDG) by 96.1% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 210,626 shares of the company’s stock after selling 5,163,319 shares during the period. Capital Group Dividend Growers ETF makes up 0.3% of Advance Capital Management Inc.’s holdings, making the stock its 24th biggest holding. Advance Capital Management Inc.’s holdings in Capital Group Dividend Growers ETF were worth $7,561,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the business. Bond & Devick Financial Network Inc. increased its holdings in Capital Group Dividend Growers ETF by 3.4% during the 4th quarter. Bond & Devick Financial Network Inc. now owns 8,521 shares of the company’s stock worth $304,000 after purchasing an additional 284 shares in the last quarter. Concorde Asset Management LLC boosted its position in shares of Capital Group Dividend Growers ETF by 3.9% during the fourth quarter. Concorde Asset Management LLC now owns 7,944 shares of the company’s stock valued at $283,000 after buying an additional 295 shares during the last quarter. Signature Estate & Investment Advisors LLC grew its stake in shares of Capital Group Dividend Growers ETF by 2.3% in the 4th quarter. Signature Estate & Investment Advisors LLC now owns 13,787 shares of the company’s stock worth $491,000 after acquiring an additional 307 shares in the last quarter. Lodestone Wealth Management LLC increased its stake in Capital Group Dividend Growers ETF by 2.2% in the 4th quarter. Lodestone Wealth Management LLC now owns 15,453 shares of the company’s stock valued at $551,000 after buying an additional 327 shares during the last quarter. Finally, Stephens Inc. AR lifted its position in shares of Capital Group Dividend Growers ETF by 0.4% during the 1st quarter. Stephens Inc. AR now owns 106,143 shares of the company’s stock worth $3,811,000 after buying an additional 409 shares in the last quarter.

Capital Group Dividend Growers ETF Stock Up 0.5%

CGDG stock opened at $38.07 on Tuesday. The firm has a market cap of $5.27 billion, a PE ratio of 20.18 and a beta of 0.49. The business has a 50 day moving average of $37.35 and a 200-day moving average of $36.83. Capital Group Dividend Growers ETF has a 12-month low of $32.90 and a 12-month high of $38.10.

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.