Kingsview Wealth Management LLC Buys 40,080 Shares of Capital Group Dividend Growers ETF $CGDG

Kingsview Wealth Management LLC increased its stake in Capital Group Dividend Growers ETF (NYSEARCA:CGDG) by 38.1% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 145,352 shares of the company’s stock after purchasing an additional 40,080 shares during the period. Kingsview Wealth Management LLC owned 0.12% of Capital Group Dividend Growers ETF worth $5,180,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in CGDG. Envestnet Asset Management Inc. increased its position in Capital Group Dividend Growers ETF by 37.6% in the third quarter. Envestnet Asset Management Inc. now owns 8,036,810 shares of the company’s stock worth $278,475,000 after purchasing an additional 2,194,089 shares during the period. Northwestern Mutual Wealth Management Co. increased its position in 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 worth $77,024,000 after purchasing an additional 1,255,064 shares during the period. Raymond James Financial Inc. increased its position in Capital Group Dividend Growers ETF by 33.7% in the third quarter. Raymond James Financial Inc. now owns 3,547,167 shares of the company’s stock worth $122,909,000 after purchasing an additional 894,780 shares during the period. Capital Group Private Client Services Inc. increased its position in Capital Group Dividend Growers ETF by 15.7% in the third quarter. Capital Group Private Client Services Inc. now owns 4,719,675 shares of the company’s stock worth $163,537,000 after purchasing an additional 640,905 shares during the period. Finally, Cambridge Investment Research Advisors Inc. boosted its stake in Capital Group Dividend Growers ETF by 46.4% in the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 1,330,503 shares of the company’s stock valued at $47,419,000 after acquiring an additional 421,420 shares during the last quarter.

Capital Group Dividend Growers ETF Stock Performance

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

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.