Assetmark Inc. Purchases 61,058 Shares of Capital Group Dividend Growers ETF $CGDG

Assetmark Inc. boosted its holdings in Capital Group Dividend Growers ETF (NYSEARCA:CGDG) by 10.8% in the first quarter, according to its most recent filing with the SEC. The institutional investor owned 625,780 shares of the company’s stock after buying an additional 61,058 shares during the period. Assetmark Inc. owned 0.48% of Capital Group Dividend Growers ETF worth $22,466,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Global Retirement Partners LLC lifted its stake in Capital Group Dividend Growers ETF by 330.8% in the 4th quarter. Global Retirement Partners LLC now owns 43,688 shares of the company’s stock worth $1,557,000 after purchasing an additional 33,546 shares in the last quarter. RFG Advisory LLC grew its position in shares of Capital Group Dividend Growers ETF by 217.8% during the fourth quarter. RFG Advisory LLC now owns 142,426 shares of the company’s stock valued at $5,076,000 after purchasing an additional 97,611 shares in the last quarter. UBS Group AG increased its holdings in shares of Capital Group Dividend Growers ETF by 19.0% in the fourth quarter. UBS Group AG now owns 930,806 shares of the company’s stock worth $33,174,000 after purchasing an additional 148,596 shares during the last quarter. Swisher Financial Concepts Inc. increased its holdings in shares of Capital Group Dividend Growers ETF by 6.5% in the first quarter. Swisher Financial Concepts Inc. now owns 222,399 shares of the company’s stock worth $7,984,000 after purchasing an additional 13,623 shares during the last quarter. Finally, Stratos Wealth Partners LTD. increased its holdings in shares of Capital Group Dividend Growers ETF by 40.9% in the fourth quarter. Stratos Wealth Partners LTD. now owns 164,128 shares of the company’s stock worth $5,850,000 after purchasing an additional 47,672 shares during the last quarter.

Capital Group Dividend Growers ETF Trading Down 0.4%

NYSEARCA:CGDG opened at $37.84 on Friday. The business’s 50-day moving average is $37.51 and its 200 day moving average is $36.97. Capital Group Dividend Growers ETF has a 12 month low of $32.90 and a 12 month high of $38.25. The company has a market capitalization of $5.32 billion, a P/E ratio of 20.18 and a beta of 0.49.

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.