Independent Financial Group LLC Purchases Shares of 29,008 Capital Group Dividend Growers ETF $CGDG

Independent Financial Group LLC acquired a new position in shares of Capital Group Dividend Growers ETF (NYSEARCA:CGDG) in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 29,008 shares of the company’s stock, valued at approximately $1,041,000.

Several other institutional investors and hedge funds have also recently modified their holdings of CGDG. Bond & Devick Financial Network Inc. raised its position in shares of Capital Group Dividend Growers ETF by 3.4% in the fourth quarter. Bond & Devick Financial Network Inc. now owns 8,521 shares of the company’s stock valued at $304,000 after purchasing an additional 284 shares during the period. Concorde Asset Management LLC grew its stake in Capital Group Dividend Growers ETF by 3.9% in the 4th 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 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 valued at $491,000 after buying an additional 307 shares during the last quarter. Lodestone Wealth Management LLC raised its holdings 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 acquiring an additional 327 shares during the period. Finally, Stephens Inc. AR raised its holdings in Capital Group Dividend Growers ETF by 0.4% in the 1st quarter. Stephens Inc. AR now owns 106,143 shares of the company’s stock valued at $3,811,000 after acquiring an additional 409 shares during the period.

Capital Group Dividend Growers ETF Stock Down 0.4%

Shares of CGDG stock opened at $37.69 on Tuesday. Capital Group Dividend Growers ETF has a 12-month low of $32.90 and a 12-month high of $38.25. The company has a market capitalization of $5.31 billion, a PE ratio of 20.18 and a beta of 0.49. The firm has a 50 day moving average price of $37.52 and a two-hundred day moving average price of $36.99.

Capital Group Dividend Growers ETF Profile

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.