Raymond James & Associates Purchases 68,574 Shares of Capital Group Dividend Growers ETF (NYSEARCA:CGDG)

Raymond James & Associates lifted its position in Capital Group Dividend Growers ETF (NYSEARCA:CGDG) by 48.5% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 209,908 shares of the company’s stock after buying an additional 68,574 shares during the period. Raymond James & Associates owned about 1.81% of Capital Group Dividend Growers ETF worth $6,448,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in CGDG. Larson Financial Group LLC boosted its stake in Capital Group Dividend Growers ETF by 92.1% in the 1st quarter. Larson Financial Group LLC now owns 3,650 shares of the company’s stock worth $104,000 after purchasing an additional 1,750 shares during the period. Mayflower Financial Advisors LLC boosted its position in shares of Capital Group Dividend Growers ETF by 5.1% during the second quarter. Mayflower Financial Advisors LLC now owns 38,301 shares of the company’s stock worth $1,090,000 after buying an additional 1,873 shares during the period. Sweeney & Michel LLC grew its holdings in shares of Capital Group Dividend Growers ETF by 0.8% during the second quarter. Sweeney & Michel LLC now owns 269,232 shares of the company’s stock worth $7,724,000 after buying an additional 2,077 shares in the last quarter. Pillar Wealth Advisors LLC raised its position in Capital Group Dividend Growers ETF by 7.1% in the 1st quarter. Pillar Wealth Advisors LLC now owns 35,036 shares of the company’s stock valued at $1,003,000 after buying an additional 2,317 shares during the last quarter. Finally, Dynamic Advisor Solutions LLC lifted its stake in Capital Group Dividend Growers ETF by 6.2% in the 3rd quarter. Dynamic Advisor Solutions LLC now owns 51,018 shares of the company’s stock valued at $1,567,000 after acquiring an additional 2,972 shares in the last quarter.

Capital Group Dividend Growers ETF Trading Down 1.0 %

Shares of CGDG opened at $30.15 on Friday. The stock has a market capitalization of $349.74 million, a price-to-earnings ratio of 17.10 and a beta of 0.82. Capital Group Dividend Growers ETF has a 12 month low of $24.25 and a 12 month high of $31.08. The firm has a fifty day simple moving average of $30.46 and a 200 day simple moving average of $29.35.

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.