Citadel Advisors LLC Makes New $230,000 Investment in Capital Group Dividend Growers ETF (NYSEARCA:CGDG)

Citadel Advisors LLC bought a new position in shares of Capital Group Dividend Growers ETF (NYSEARCA:CGDG) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 7,755 shares of the company’s stock, valued at approximately $230,000. Citadel Advisors LLC owned approximately 0.07% of Capital Group Dividend Growers ETF at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in CGDG. JPMorgan Chase & Co. raised its position in shares of Capital Group Dividend Growers ETF by 53.1% in the fourth quarter. JPMorgan Chase & Co. now owns 1,150 shares of the company’s stock worth $34,000 after buying an additional 399 shares in the last quarter. Stonebridge Financial Group LLC purchased a new stake in shares of Capital Group Dividend Growers ETF in the fourth quarter worth $59,000. IFP Advisors Inc raised its position in shares of Capital Group Dividend Growers ETF by 8.7% in the fourth quarter. IFP Advisors Inc now owns 5,484 shares of the company’s stock worth $163,000 after buying an additional 438 shares in the last quarter. Synergy Investment Management LLC purchased a new stake in shares of Capital Group Dividend Growers ETF in the fourth quarter worth $199,000. Finally, Moloney Securities Asset Management LLC purchased a new stake in shares of Capital Group Dividend Growers ETF in the fourth quarter worth $211,000.

Capital Group Dividend Growers ETF Stock Performance

Shares of CGDG stock opened at $33.06 on Friday. Capital Group Dividend Growers ETF has a 52-week low of $27.62 and a 52-week high of $33.14. The company has a market capitalization of $2.30 billion, a PE ratio of 20.35 and a beta of 0.82. The business’s fifty day moving average is $31.20 and its 200 day moving average is $30.78.

Capital Group Dividend Growers ETF Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Tuesday, April 1st. Investors of record on Monday, March 31st were given a $0.1333 dividend. The ex-dividend date was Monday, March 31st.

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.