Capital Group Dividend Growers ETF $CGDG Shares Purchased by Founders Financial Securities LLC

Founders Financial Securities LLC boosted its stake in Capital Group Dividend Growers ETF (NYSEARCA:CGDG) by 23.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 143,578 shares of the company’s stock after acquiring an additional 26,901 shares during the period. Founders Financial Securities LLC’s holdings in Capital Group Dividend Growers ETF were worth $5,117,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in CGDG. Envestnet Asset Management Inc. grew its position 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 in the last quarter. Northwestern Mutual Wealth Management Co. grew its position in shares of Capital Group Dividend Growers ETF by 166.0% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 2,011,123 shares of the company’s stock worth $77,024,000 after acquiring an additional 1,255,064 shares in the last quarter. Raymond James Financial Inc. grew its position 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 in the last quarter. Capital Group Private Client Services Inc. grew its position in shares of 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 worth $163,537,000 after acquiring an additional 640,905 shares in the last quarter. Finally, Cambridge Investment Research Advisors Inc. grew its position in shares of Capital Group Dividend Growers ETF by 46.4% in the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 1,330,503 shares of the company’s stock worth $47,419,000 after acquiring an additional 421,420 shares in the last quarter.

Capital Group Dividend Growers ETF Trading Down 0.1%

Shares of CGDG opened at $37.34 on Friday. The firm has a market cap of $4.89 billion, a price-to-earnings ratio of 20.18 and a beta of 0.53. The stock has a 50 day moving average of $36.79 and a 200-day moving average of $36.45. Capital Group Dividend Growers ETF has a 52 week low of $32.38 and a 52 week high of $38.00.

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.