RFG Advisory LLC Buys 97,611 Shares of Capital Group Dividend Growers ETF $CGDG

RFG Advisory LLC lifted its stake in Capital Group Dividend Growers ETF (NYSEARCA:CGDG) by 217.8% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 142,426 shares of the company’s stock after acquiring an additional 97,611 shares during the period. RFG Advisory LLC’s holdings in Capital Group Dividend Growers ETF were worth $5,076,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in the business. Envestnet Asset Management Inc. increased its position in Capital Group Dividend Growers ETF by 37.6% during the 3rd quarter. Envestnet Asset Management Inc. now owns 8,036,810 shares of the company’s stock valued at $278,475,000 after buying an additional 2,194,089 shares in the last quarter. Advance Capital Management Inc. increased its position in Capital Group Dividend Growers ETF by 2.4% during the 4th quarter. Advance Capital Management Inc. now owns 5,373,945 shares of the company’s stock valued at $191,527,000 after buying an additional 124,692 shares in the last quarter. Capital Group Private Client Services Inc. increased its position in Capital Group Dividend Growers ETF by 15.7% during 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 buying an additional 640,905 shares in the last quarter. Raymond James Financial Inc. increased its position in Capital Group Dividend Growers ETF by 33.7% during the 3rd quarter. Raymond James Financial Inc. now owns 3,547,167 shares of the company’s stock valued at $122,909,000 after buying an additional 894,780 shares in the last quarter. Finally, Confluence Wealth Services Inc. increased its position in Capital Group Dividend Growers ETF by 13.5% during the 4th quarter. Confluence Wealth Services Inc. now owns 1,964,081 shares of the company’s stock valued at $70,000,000 after buying an additional 233,741 shares in the last quarter.

Capital Group Dividend Growers ETF Price Performance

Shares of NYSEARCA:CGDG opened at $37.59 on Thursday. The business’s 50-day moving average is $36.61 and its 200 day moving average is $36.17. Capital Group Dividend Growers ETF has a 1 year low of $31.50 and a 1 year high of $38.00. The firm has a market capitalization of $4.92 billion, a P/E ratio of 20.18 and a beta of 0.53.

Capital Group Dividend Growers ETF 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.