Bleakley Financial Group LLC Decreases Stock Position in Capital Group Dividend Growers ETF $CGDG

Bleakley Financial Group LLC lowered its position in Capital Group Dividend Growers ETF (NYSEARCA:CGDG) by 39.9% during the first quarter, according to its most recent filing with the SEC. The institutional investor owned 81,625 shares of the company’s stock after selling 54,301 shares during the period. Bleakley Financial Group LLC owned 0.06% of Capital Group Dividend Growers ETF worth $2,930,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Gunpowder Capital Management LLC dba Oliver Wealth Management acquired a new position in shares of Capital Group Dividend Growers ETF during the 4th quarter valued at about $25,000. Ancora Advisors LLC purchased a new position in Capital Group Dividend Growers ETF during the third quarter worth about $48,000. Pinnacle Bancorp Inc. purchased a new position in Capital Group Dividend Growers ETF during the first quarter worth about $50,000. Strategic Investment Solutions Inc. IL boosted its holdings in Capital Group Dividend Growers ETF by 35.8% in the 3rd quarter. Strategic Investment Solutions Inc. IL now owns 2,238 shares of the company’s stock valued at $78,000 after purchasing an additional 590 shares during the last quarter. Finally, Arax Advisory Partners boosted its holdings in Capital Group Dividend Growers ETF by 919.0% in the 4th quarter. Arax Advisory Partners now owns 2,955 shares of the company’s stock valued at $105,000 after purchasing an additional 2,665 shares during the last quarter.

Capital Group Dividend Growers ETF Stock Performance

CGDG opened at $37.86 on Thursday. Capital Group Dividend Growers ETF has a one year low of $32.90 and a one year high of $38.25. The stock has a market capitalization of $5.32 billion, a PE ratio of 20.18 and a beta of 0.49. The business’s 50 day moving average price is $37.47 and its 200 day moving average price is $36.95.

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.