Capital Group Dividend Growers ETF $CGDG Position Increased by National Wealth Management Group LLC

National Wealth Management Group LLC boosted its stake in shares of Capital Group Dividend Growers ETF (NYSEARCA:CGDG) by 1,170.0% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 99,428 shares of the company’s stock after purchasing an additional 91,599 shares during the quarter. Capital Group Dividend Growers ETF makes up approximately 1.2% of National Wealth Management Group LLC’s holdings, making the stock its 21st largest position. National Wealth Management Group LLC owned approximately 0.09% of Capital Group Dividend Growers ETF worth $3,544,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Advance Capital Management Inc. lifted its stake in Capital Group Dividend Growers ETF by 96.6% in the third quarter. Advance Capital Management Inc. now owns 5,249,253 shares of the company’s stock valued at $181,887,000 after buying an additional 2,579,574 shares during the last quarter. Envestnet Asset Management Inc. increased its holdings in shares of Capital Group Dividend Growers ETF by 37.6% in the 3rd quarter. Envestnet Asset Management Inc. now owns 8,036,810 shares of the company’s stock worth $278,475,000 after acquiring an additional 2,194,089 shares during the period. Raymond James Financial Inc. increased its holdings in shares of Capital Group Dividend Growers ETF by 33.7% in the 3rd quarter. Raymond James Financial Inc. now owns 3,547,167 shares of the company’s stock worth $122,909,000 after acquiring an additional 894,780 shares during the period. Capital Group Private Client Services Inc. lifted its position in Capital Group Dividend Growers ETF by 15.7% in the 3rd quarter. Capital Group Private Client Services Inc. now owns 4,719,675 shares of the company’s stock valued at $163,537,000 after purchasing an additional 640,905 shares during the last quarter. Finally, Fourpath Capital Management LLC acquired a new position in Capital Group Dividend Growers ETF during the 3rd quarter valued at about $19,752,000.

Capital Group Dividend Growers ETF Trading Up 0.9%

NYSEARCA CGDG opened at $35.78 on Thursday. Capital Group Dividend Growers ETF has a 52 week low of $27.62 and a 52 week high of $38.00. The stock has a market cap of $4.31 billion, a price-to-earnings ratio of 20.18 and a beta of 0.56. The company has a 50-day moving average price of $36.79 and a two-hundred day moving average price of $35.75.

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.