14,585 Shares in Capital Group Dividend Growers ETF $CGDG Bought by Axxcess Wealth Management LLC

Axxcess Wealth Management LLC acquired a new position in Capital Group Dividend Growers ETF (NYSEARCA:CGDG) in the first quarter, HoldingsChannel reports. The institutional investor acquired 14,585 shares of the company’s stock, valued at approximately $524,000.

Other hedge funds have also recently added to or reduced their stakes in the company. LPL Financial LLC raised its holdings in shares of Capital Group Dividend Growers ETF by 25.0% during the fourth quarter. LPL Financial LLC now owns 9,651,113 shares of the company’s stock worth $343,966,000 after purchasing an additional 1,929,512 shares during the period. Wells Fargo & Company MN boosted its stake in Capital Group Dividend Growers ETF by 146.0% in the fourth quarter. Wells Fargo & Company MN now owns 2,755,585 shares of the company’s stock valued at $98,209,000 after acquiring an additional 1,635,584 shares during the period. Northwestern Mutual Wealth Management Co. boosted its stake in Capital Group Dividend Growers ETF by 166.0% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 2,011,123 shares of the company’s stock valued at $77,024,000 after acquiring an additional 1,255,064 shares during the period. Jane Street Group LLC grew its holdings in shares of Capital Group Dividend Growers ETF by 1,837.3% during the fourth quarter. Jane Street Group LLC now owns 960,000 shares of the company’s stock valued at $34,214,000 after purchasing an additional 910,447 shares during the last quarter. Finally, Raymond James Financial Inc. grew its holdings in shares of Capital Group Dividend Growers ETF by 33.7% during the third quarter. Raymond James Financial Inc. now owns 3,547,167 shares of the company’s stock valued at $122,909,000 after purchasing an additional 894,780 shares during the last quarter.

Capital Group Dividend Growers ETF Trading Down 0.0%

Shares of Capital Group Dividend Growers ETF stock opened at $37.79 on Friday. The stock has a market capitalization of $5.25 billion, a price-to-earnings ratio of 20.18 and a beta of 0.49. Capital Group Dividend Growers ETF has a twelve month low of $32.90 and a twelve month high of $38.25. The business’s 50 day simple moving average is $37.43 and its 200-day simple moving average is $36.90.

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.