January Capital Advisors LLC Takes $672,000 Position in Capital Group Dividend Growers ETF $CGDG

January Capital Advisors LLC purchased a new position in shares of Capital Group Dividend Growers ETF (NYSEARCA:CGDG) in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 18,728 shares of the company’s stock, valued at approximately $672,000. Capital Group Dividend Growers ETF comprises approximately 0.9% of January Capital Advisors LLC’s holdings, making the stock its 25th biggest position.

Other institutional investors and hedge funds have also made changes to their positions in the company. LPL Financial LLC grew its stake in Capital Group Dividend Growers ETF by 25.0% in the 4th quarter. LPL Financial LLC now owns 9,651,113 shares of the company’s stock valued at $343,966,000 after acquiring an additional 1,929,512 shares during the last quarter. Wells Fargo & Company MN raised its position in Capital Group Dividend Growers ETF by 146.0% during the fourth quarter. Wells Fargo & Company MN now owns 2,755,585 shares of the company’s stock worth $98,209,000 after acquiring an additional 1,635,584 shares during the last quarter. Valmark Advisers Inc. raised its position in Capital Group Dividend Growers ETF by 186.1% during the first quarter. Valmark Advisers Inc. now owns 2,079,344 shares of the company’s stock worth $74,648,000 after acquiring an additional 1,352,510 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Capital Group Dividend Growers ETF by 166.0% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 2,011,123 shares of the company’s stock valued at $77,024,000 after purchasing an additional 1,255,064 shares in the last quarter. Finally, Jane Street Group LLC lifted its holdings in shares of Capital Group Dividend Growers ETF by 1,837.3% in the fourth quarter. Jane Street Group LLC now owns 960,000 shares of the company’s stock valued at $34,214,000 after purchasing an additional 910,447 shares in the last quarter.

Capital Group Dividend Growers ETF Price Performance

CGDG stock opened at $38.43 on Friday. The company’s 50 day simple moving average is $37.66 and its 200-day simple moving average is $37.11. The firm has a market capitalization of $5.47 billion, a PE ratio of 20.18 and a beta of 0.49. Capital Group Dividend Growers ETF has a 12 month low of $32.90 and a 12 month high of $38.54.

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.