Capital Group Dividend Growers ETF $CGDG Shares Purchased by DAVENPORT & Co LLC

DAVENPORT & Co LLC increased its holdings in shares of Capital Group Dividend Growers ETF (NYSEARCA:CGDG) by 61.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 84,874 shares of the company’s stock after purchasing an additional 32,255 shares during the period. DAVENPORT & Co LLC owned approximately 0.07% of Capital Group Dividend Growers ETF worth $3,025,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in CGDG. Trust Co. of Vermont acquired a new stake in Capital Group Dividend Growers ETF during the 3rd quarter worth about $30,000. Ameriflex Group Inc. purchased a new position in shares of Capital Group Dividend Growers ETF during the 3rd quarter valued at about $33,000. Ancora Advisors LLC purchased a new position in shares of Capital Group Dividend Growers ETF during the 3rd quarter valued at about $48,000. Strategic Investment Solutions Inc. IL lifted its holdings in shares of Capital Group Dividend Growers ETF by 35.8% in the 3rd quarter. Strategic Investment Solutions Inc. IL now owns 2,238 shares of the company’s stock valued at $78,000 after buying an additional 590 shares during the period. Finally, JPMorgan Chase & Co. lifted its holdings in shares of Capital Group Dividend Growers ETF by 65.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 4,167 shares of the company’s stock valued at $144,000 after buying an additional 1,645 shares during the period.

Capital Group Dividend Growers ETF Stock Down 0.7%

Shares of CGDG opened at $35.15 on Friday. The company has a market capitalization of $4.24 billion, a price-to-earnings ratio of 20.18 and a beta of 0.56. Capital Group Dividend Growers ETF has a 52 week low of $27.62 and a 52 week high of $38.00. The stock’s 50-day moving average price is $36.73 and its 200-day moving average price is $35.76.

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. CGDG was launched on Sep 26, 2023 and is issued by Capital Group.