Puff Wealth Management LLC Purchases Shares of 13,285 Capital Group Dividend Growers ETF $CGDG

Puff Wealth Management LLC purchased a new position in shares of Capital Group Dividend Growers ETF (NYSEARCA:CGDG) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 13,285 shares of the company’s stock, valued at approximately $498,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Capital International Investors raised its position in shares of Capital Group Dividend Growers ETF by 0.8% during the 4th quarter. Capital International Investors now owns 17,255,942 shares of the company’s stock worth $615,002,000 after acquiring an additional 140,767 shares in the last quarter. LPL Financial LLC lifted its stake in 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 last quarter. Capital Group Private Client Services Inc. boosted its holdings in Capital Group Dividend Growers ETF by 9.8% in the fourth quarter. Capital Group Private Client Services Inc. now owns 5,180,776 shares of the company’s stock valued at $184,643,000 after purchasing an additional 461,101 shares in the last quarter. Raymond James Financial Inc. boosted its holdings in Capital Group Dividend Growers ETF by 17.3% in the fourth quarter. Raymond James Financial Inc. now owns 4,159,257 shares of the company’s stock valued at $148,236,000 after purchasing an additional 612,090 shares in the last quarter. Finally, Cetera Investment Advisers increased its stake in Capital Group Dividend Growers ETF by 20.1% in the first quarter. Cetera Investment Advisers now owns 3,870,449 shares of the company’s stock valued at $138,949,000 after purchasing an additional 648,834 shares during the last quarter.

Capital Group Dividend Growers ETF Stock Up 0.6%

Shares of Capital Group Dividend Growers ETF stock opened at $39.00 on Friday. Capital Group Dividend Growers ETF has a 52 week low of $33.56 and a 52 week high of $39.02. The firm’s 50 day moving average is $37.80 and its two-hundred day moving average is $37.19. The firm has a market capitalization of $5.62 billion, a P/E ratio of 20.18 and a beta of 0.49.

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.