MML Investors Services LLC Has $54.04 Million Stake in Capital Group Dividend Growers ETF $CGDG

MML Investors Services LLC lifted its stake in shares of Capital Group Dividend Growers ETF (NYSEARCA:CGDG) by 16.7% during the fourth quarter, Holdings Channel.com reports. The firm owned 1,516,279 shares of the company’s stock after buying an additional 216,602 shares during the period. MML Investors Services LLC’s holdings in Capital Group Dividend Growers ETF were worth $54,040,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the stock. Mariner LLC lifted its position in shares of Capital Group Dividend Growers ETF by 51.6% during the fourth quarter. Mariner LLC now owns 33,001 shares of the company’s stock worth $1,176,000 after purchasing an additional 11,228 shares in the last quarter. Arax Advisory Partners lifted its position in shares of Capital Group Dividend Growers ETF by 919.0% during the fourth quarter. Arax Advisory Partners now owns 2,955 shares of the company’s stock worth $105,000 after purchasing an additional 2,665 shares in the last quarter. Jacobi Capital Management LLC lifted its holdings in Capital Group Dividend Growers ETF by 14.4% in the fourth quarter. Jacobi Capital Management LLC now owns 79,646 shares of the company’s stock valued at $2,839,000 after buying an additional 10,036 shares during the period. Kestra Advisory Services LLC lifted its holdings in Capital Group Dividend Growers ETF by 16.4% in the fourth quarter. Kestra Advisory Services LLC now owns 151,570 shares of the company’s stock valued at $5,402,000 after buying an additional 21,327 shares during the period. Finally, Transamerica Financial Advisors LLC lifted its holdings in Capital Group Dividend Growers ETF by 32.8% in the fourth quarter. Transamerica Financial Advisors LLC now owns 14,034 shares of the company’s stock valued at $500,000 after buying an additional 3,470 shares during the period.

Capital Group Dividend Growers ETF Price Performance

Shares of NYSEARCA CGDG opened at $37.79 on Tuesday. The company’s 50 day simple moving average is $37.18 and its 200 day simple moving average is $36.63. Capital Group Dividend Growers ETF has a fifty-two week low of $32.74 and a fifty-two week high of $38.09. The firm has a market capitalization of $4.95 billion, a P/E ratio of 20.18 and a beta of 0.50.

Capital Group Dividend Growers ETF Company 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.