LongView Wealth Management Raises Stock Position in Capital Group Dividend Growers ETF $CGDG

LongView Wealth Management raised its position in Capital Group Dividend Growers ETF (NYSEARCA:CGDG) by 16.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 114,939 shares of the company’s stock after purchasing an additional 16,448 shares during the quarter. Capital Group Dividend Growers ETF comprises 1.0% of LongView Wealth Management’s investment portfolio, making the stock its 26th biggest position. LongView Wealth Management owned 0.10% of Capital Group Dividend Growers ETF worth $4,210,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Trust Co. of Vermont purchased a new stake in shares of Capital Group Dividend Growers ETF during the 3rd quarter valued at approximately $30,000. Ameriflex Group Inc. purchased a new position in Capital Group Dividend Growers ETF in the third quarter worth approximately $33,000. Ancora Advisors LLC purchased a new position in Capital Group Dividend Growers ETF in the third quarter worth approximately $48,000. Strategic Investment Solutions Inc. IL increased its stake in Capital Group Dividend Growers ETF by 35.8% during the third quarter. Strategic Investment Solutions Inc. IL now owns 2,238 shares of the company’s stock worth $78,000 after acquiring an additional 590 shares during the last quarter. Finally, JPMorgan Chase & Co. raised its position in Capital Group Dividend Growers ETF by 65.2% in the third quarter. JPMorgan Chase & Co. now owns 4,167 shares of the company’s stock valued at $144,000 after purchasing an additional 1,645 shares during the period.

Capital Group Dividend Growers ETF Stock Down 1.1%

Shares of Capital Group Dividend Growers ETF stock opened at $35.38 on Friday. Capital Group Dividend Growers ETF has a 52 week low of $27.62 and a 52 week high of $38.00. The business’s fifty day simple moving average is $36.76 and its 200-day simple moving average is $35.75. The firm has a market cap of $4.26 billion, a PE ratio of 20.18 and a beta of 0.56.

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.