HighTower Advisors LLC Has $1.37 Million Stock Position in Capital Group Dividend Growers ETF $CGDG

HighTower Advisors LLC decreased its stake in Capital Group Dividend Growers ETF (NYSEARCA:CGDG) by 4.7% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 44,335 shares of the company’s stock after selling 2,166 shares during the period. HighTower Advisors LLC owned approximately 0.07% of Capital Group Dividend Growers ETF worth $1,370,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of CGDG. Capital A Wealth Management LLC acquired a new stake in shares of Capital Group Dividend Growers ETF in the fourth quarter worth $25,000. JPMorgan Chase & Co. boosted its stake in Capital Group Dividend Growers ETF by 53.1% during 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. Mascagni Wealth Management Inc. acquired a new stake in Capital Group Dividend Growers ETF during the fourth quarter worth $35,000. ORG Partners LLC acquired a new stake in Capital Group Dividend Growers ETF during the first quarter worth $38,000. Finally, Allworth Financial LP boosted its stake in Capital Group Dividend Growers ETF by 136.4% during the first quarter. Allworth Financial LP now owns 1,480 shares of the company’s stock worth $46,000 after buying an additional 854 shares in the last quarter.

Capital Group Dividend Growers ETF Price Performance

CGDG opened at $34.06 on Tuesday. Capital Group Dividend Growers ETF has a fifty-two week low of $27.62 and a fifty-two week high of $34.45. The firm’s fifty day moving average price is $33.72 and its two-hundred day moving average price is $32.15. The company has a market capitalization of $2.85 billion, a P/E ratio of 20.18 and a beta of 0.82.

Capital Group Dividend Growers ETF 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.