Stratos Wealth Partners LTD. Makes New Investment in Capital Group Dividend Growers ETF (NYSEARCA:CGDG)

Stratos Wealth Partners LTD. acquired a new position in Capital Group Dividend Growers ETF (NYSEARCA:CGDG) during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 12,334 shares of the company’s stock, valued at approximately $381,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Synergy Investment Management LLC grew its holdings in shares of Capital Group Dividend Growers ETF by 94.8% during the first quarter. Synergy Investment Management LLC now owns 13,050 shares of the company’s stock valued at $403,000 after buying an additional 6,350 shares in the last quarter. U.S. Capital Wealth Advisors LLC grew its stake in Capital Group Dividend Growers ETF by 20.2% in the first quarter. U.S. Capital Wealth Advisors LLC now owns 111,853 shares of the company’s stock valued at $3,456,000 after purchasing an additional 18,770 shares in the last quarter. Envestnet Asset Management Inc. grew its stake in Capital Group Dividend Growers ETF by 25.4% in the first quarter. Envestnet Asset Management Inc. now owns 4,956,279 shares of the company’s stock valued at $153,149,000 after purchasing an additional 1,004,711 shares in the last quarter. Concurrent Investment Advisors LLC grew its stake in Capital Group Dividend Growers ETF by 2.3% in the first quarter. Concurrent Investment Advisors LLC now owns 169,337 shares of the company’s stock valued at $5,233,000 after purchasing an additional 3,843 shares in the last quarter. Finally, World Investment Advisors grew its stake in Capital Group Dividend Growers ETF by 46.0% in the first quarter. World Investment Advisors now owns 36,655 shares of the company’s stock valued at $1,133,000 after purchasing an additional 11,545 shares in the last quarter.

Capital Group Dividend Growers ETF Price Performance

Shares of NYSEARCA CGDG opened at $33.86 on Tuesday. The business’s 50-day moving average price is $32.91 and its two-hundred day moving average price is $31.38. Capital Group Dividend Growers ETF has a one year low of $27.62 and a one year high of $33.98. The company has a market capitalization of $2.68 billion, a P/E ratio of 20.18 and a beta of 0.82.

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.