Private Client Services LLC Has $984,000 Position in Capital Group Dividend Growers ETF $CGDG

Private Client Services LLC boosted its stake in shares of Capital Group Dividend Growers ETF (NYSEARCA:CGDG) by 187.2% during the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 26,220 shares of the company’s stock after purchasing an additional 17,090 shares during the period. Private Client Services LLC’s holdings in Capital Group Dividend Growers ETF were worth $984,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the stock. Gunpowder Capital Management LLC dba Oliver Wealth Management purchased a new stake in Capital Group Dividend Growers ETF in the 4th quarter worth approximately $25,000. Ancora Advisors LLC purchased a new position in shares of Capital Group Dividend Growers ETF during the 3rd quarter valued at $48,000. Pinnacle Bancorp Inc. acquired a new position in shares of Capital Group Dividend Growers ETF in the first quarter worth $50,000. CX Institutional increased its stake in shares of Capital Group Dividend Growers ETF by 121.3% in the second quarter. CX Institutional now owns 1,737 shares of the company’s stock worth $65,000 after acquiring an additional 952 shares during the last quarter. Finally, Sunbelt Securities Inc. raised its holdings in shares of Capital Group Dividend Growers ETF by 17.3% during the first quarter. Sunbelt Securities Inc. now owns 2,698 shares of the company’s stock worth $97,000 after acquiring an additional 398 shares in the last quarter.

Capital Group Dividend Growers ETF Trading Down 0.1%

CGDG opened at $38.31 on Tuesday. The stock has a market cap of $5.52 billion, a price-to-earnings ratio of 20.18 and a beta of 0.49. Capital Group Dividend Growers ETF has a 1 year low of $33.27 and a 1 year high of $38.54. The stock has a fifty day moving average price of $37.69 and a 200 day moving average price of $37.14.

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.