Capital Group Dividend Growers ETF $CGDG Shares Purchased by Kestra Advisory Services LLC

Kestra Advisory Services LLC raised its stake in Capital Group Dividend Growers ETF (NYSEARCA:CGDG) by 109.4% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 317,362 shares of the company’s stock after buying an additional 165,792 shares during the period. Kestra Advisory Services LLC’s holdings in Capital Group Dividend Growers ETF were worth $11,393,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Gunpowder Capital Management LLC dba Oliver Wealth Management acquired a new position in shares of Capital Group Dividend Growers ETF in the 4th quarter worth $25,000. Ancora Advisors LLC purchased a new stake in shares of Capital Group Dividend Growers ETF during the third quarter valued at $48,000. Pinnacle Bancorp Inc. acquired a new position in shares of Capital Group Dividend Growers ETF in the 1st quarter valued at $50,000. Strategic Investment Solutions Inc. IL boosted its position in shares of 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 period. Finally, Arax Advisory Partners increased its stake 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 worth $105,000 after purchasing an additional 2,665 shares in the last quarter.

Capital Group Dividend Growers ETF Stock Performance

Shares of CGDG opened at $37.81 on Monday. The business’s 50-day moving average price is $37.45 and its 200 day moving average price is $36.91. The stock has a market capitalization of $5.29 billion, a P/E ratio of 20.18 and a beta of 0.49. Capital Group Dividend Growers ETF has a 1-year low of $32.90 and a 1-year high of $38.25.

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.