Capital Group Dividend Growers ETF $CGDG is Confluence Wealth Services Inc.’s 9th Largest Position

Confluence Wealth Services Inc. boosted its stake in Capital Group Dividend Growers ETF (NYSEARCA:CGDG) by 13.5% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,964,081 shares of the company’s stock after buying an additional 233,741 shares during the period. Capital Group Dividend Growers ETF accounts for approximately 2.9% of Confluence Wealth Services Inc.’s portfolio, making the stock its 9th largest position. Confluence Wealth Services Inc. owned 1.67% of Capital Group Dividend Growers ETF worth $70,000,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. NewEdge Advisors LLC increased its stake in shares of Capital Group Dividend Growers ETF by 13.8% during the first quarter. NewEdge Advisors LLC now owns 29,206 shares of the company’s stock valued at $902,000 after purchasing an additional 3,550 shares in the last quarter. First Trust Advisors LP bought a new position in shares of Capital Group Dividend Growers ETF during the second quarter valued at approximately $372,000. Sei Investments Co. increased its stake in shares of Capital Group Dividend Growers ETF by 2,931.9% during the second quarter. Sei Investments Co. now owns 255,957 shares of the company’s stock valued at $8,608,000 after purchasing an additional 247,515 shares in the last quarter. Main Street Financial Solutions LLC bought a new position in shares of Capital Group Dividend Growers ETF during the second quarter valued at approximately $507,000. Finally, Betterment LLC bought a new position in shares of Capital Group Dividend Growers ETF during the second quarter valued at approximately $1,130,000.

Capital Group Dividend Growers ETF Stock Performance

Shares of NYSEARCA CGDG opened at $36.93 on Thursday. Capital Group Dividend Growers ETF has a fifty-two week low of $30.39 and a fifty-two week high of $38.00. The company has a 50 day simple moving average of $36.70 and a two-hundred day simple moving average of $36.03. The company has a market capitalization of $4.73 billion, a price-to-earnings ratio of 20.18 and a beta of 0.58.

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