Global Retirement Partners LLC Purchases 33,546 Shares of Capital Group Dividend Growers ETF $CGDG

Global Retirement Partners LLC lifted its stake in shares of Capital Group Dividend Growers ETF (NYSEARCA:CGDG) by 330.8% during the fourth quarter, HoldingsChannel.com reports. The firm owned 43,688 shares of the company’s stock after purchasing an additional 33,546 shares during the quarter. Global Retirement Partners LLC’s holdings in Capital Group Dividend Growers ETF were worth $1,557,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in CGDG. Envestnet Asset Management Inc. raised its stake in shares of 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 purchasing an additional 2,194,089 shares during the period. Northwestern Mutual Wealth Management Co. raised its stake in shares of Capital Group Dividend Growers ETF by 166.0% during the 4th 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 during the period. Raymond James Financial Inc. raised its stake in shares of 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 purchasing an additional 894,780 shares during the period. Capital Group Private Client Services Inc. raised its stake in shares of 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 purchasing an additional 640,905 shares during the period. Finally, Cambridge Investment Research Advisors Inc. raised its stake in shares of Capital Group Dividend Growers ETF by 46.4% during the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 1,330,503 shares of the company’s stock valued at $47,419,000 after purchasing an additional 421,420 shares during the period.

Capital Group Dividend Growers ETF Stock Performance

NYSEARCA:CGDG opened at $37.50 on Monday. Capital Group Dividend Growers ETF has a 52-week low of $32.00 and a 52-week high of $38.00. The firm has a market cap of $4.91 billion, a price-to-earnings ratio of 20.18 and a beta of 0.53. The business’s fifty day moving average is $36.65 and its 200 day moving average is $36.36.

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.