Dynamic Advisor Solutions LLC Sells 19,538 Shares of Capital Group Dividend Growers ETF $CGDG

Dynamic Advisor Solutions LLC trimmed its position in shares of Capital Group Dividend Growers ETF (NYSEARCA:CGDG) by 39.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 29,733 shares of the company’s stock after selling 19,538 shares during the period. Dynamic Advisor Solutions LLC’s holdings in Capital Group Dividend Growers ETF were worth $1,060,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Wealth Enhancement Advisory Services LLC lifted its stake in Capital Group Dividend Growers ETF by 22.4% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 172,515 shares of the company’s stock valued at $6,273,000 after acquiring an additional 31,526 shares during the last quarter. Lincoln Capital LLC increased its stake in shares of Capital Group Dividend Growers ETF by 20.1% during the 4th quarter. Lincoln Capital LLC now owns 20,441 shares of the company’s stock worth $729,000 after purchasing an additional 3,426 shares during the last quarter. Sagespring Wealth Partners LLC increased its stake in shares of Capital Group Dividend Growers ETF by 8.4% during the 4th quarter. Sagespring Wealth Partners LLC now owns 51,427 shares of the company’s stock worth $1,833,000 after purchasing an additional 3,985 shares during the last quarter. Advance Capital Management Inc. raised its holdings in shares of Capital Group Dividend Growers ETF by 2.4% in the 4th quarter. Advance Capital Management Inc. now owns 5,373,945 shares of the company’s stock valued at $191,527,000 after purchasing an additional 124,692 shares during the period. Finally, Park Avenue Securities LLC raised its holdings in shares of Capital Group Dividend Growers ETF by 11.3% in the 4th quarter. Park Avenue Securities LLC now owns 53,965 shares of the company’s stock valued at $1,923,000 after purchasing an additional 5,476 shares during the period.

Capital Group Dividend Growers ETF Stock Performance

Shares of NYSEARCA:CGDG opened at $35.78 on Thursday. Capital Group Dividend Growers ETF has a 52-week low of $27.62 and a 52-week high of $38.00. The company has a market capitalization of $4.31 billion, a P/E ratio of 20.18 and a beta of 0.56. The company has a 50-day simple moving average of $36.79 and a 200 day simple moving average of $35.75.

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.