Fourpath Capital Management LLC Acquires 194,066 Shares of Capital Group Dividend Growers ETF $CGDG

Fourpath Capital Management LLC grew its holdings in shares of Capital Group Dividend Growers ETF (NYSEARCA:CGDG) by 34.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 764,106 shares of the company’s stock after purchasing an additional 194,066 shares during the period. Capital Group Dividend Growers ETF makes up about 3.7% of Fourpath Capital Management LLC’s portfolio, making the stock its 4th biggest holding. Fourpath Capital Management LLC owned about 0.65% of Capital Group Dividend Growers ETF worth $27,233,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in CGDG. Advance Capital Management Inc. raised its stake in Capital Group Dividend Growers ETF by 96.6% in the third quarter. Advance Capital Management Inc. now owns 5,249,253 shares of the company’s stock valued at $181,887,000 after buying an additional 2,579,574 shares during the last quarter. Envestnet Asset Management Inc. grew its stake in shares of Capital Group Dividend Growers ETF by 37.6% during the third quarter. Envestnet Asset Management Inc. now owns 8,036,810 shares of the company’s stock worth $278,475,000 after acquiring an additional 2,194,089 shares during the last quarter. Raymond James Financial Inc. grew its stake in shares of Capital Group Dividend Growers ETF by 33.7% during the third quarter. Raymond James Financial Inc. now owns 3,547,167 shares of the company’s stock worth $122,909,000 after acquiring an additional 894,780 shares during the last quarter. Capital Group Private Client Services Inc. increased its holdings in shares of Capital Group Dividend Growers ETF by 15.7% during the third quarter. Capital Group Private Client Services Inc. now owns 4,719,675 shares of the company’s stock valued at $163,537,000 after acquiring an additional 640,905 shares in the last quarter. Finally, Sei Investments Co. raised its position in shares of Capital Group Dividend Growers ETF by 118.4% in the 3rd quarter. Sei Investments Co. now owns 559,115 shares of the company’s stock valued at $19,373,000 after purchasing an additional 303,158 shares during the last quarter.

Capital Group Dividend Growers ETF Price Performance

CGDG stock opened at $37.07 on Monday. The firm has a 50 day moving average of $36.68 and a 200 day moving average of $35.90. The stock has a market capitalization of $4.70 billion, a PE ratio of 20.18 and a beta of 0.58. Capital Group Dividend Growers ETF has a 52 week low of $29.19 and a 52 week high of $38.00.

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