NavPoint Financial Inc. Has $4.76 Million Holdings in Capital Group Dividend Growers ETF $CGDG

NavPoint Financial Inc. lifted its holdings in Capital Group Dividend Growers ETF (NYSEARCA:CGDG) by 48.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 133,607 shares of the company’s stock after purchasing an additional 43,691 shares during the quarter. Capital Group Dividend Growers ETF accounts for approximately 2.0% of NavPoint Financial Inc.’s investment portfolio, making the stock its 17th biggest holding. NavPoint Financial Inc. owned 0.11% of Capital Group Dividend Growers ETF worth $4,762,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in CGDG. Trust Co. of Vermont acquired a new stake in Capital Group Dividend Growers ETF in the 3rd quarter valued at $30,000. Ameriflex Group Inc. acquired a new position in shares of Capital Group Dividend Growers ETF during the 3rd quarter worth about $33,000. Ancora Advisors LLC bought a new position in shares of Capital Group Dividend Growers ETF in the 3rd quarter valued at about $48,000. Strategic Investment Solutions Inc. IL increased its position in shares of Capital Group Dividend Growers ETF by 35.8% in the third quarter. Strategic Investment Solutions Inc. IL now owns 2,238 shares of the company’s stock valued at $78,000 after acquiring an additional 590 shares during the last quarter. Finally, JPMorgan Chase & Co. increased its position in shares of Capital Group Dividend Growers ETF by 65.2% in the third quarter. JPMorgan Chase & Co. now owns 4,167 shares of the company’s stock valued at $144,000 after acquiring an additional 1,645 shares during the last quarter.

Capital Group Dividend Growers ETF Stock Performance

CGDG opened at $36.09 on Monday. The business’s 50-day simple moving average is $36.68 and its 200 day simple moving average is $35.82. Capital Group Dividend Growers ETF has a 52-week low of $27.62 and a 52-week high of $38.00. The firm has a market capitalization of $4.58 billion, a PE ratio of 20.18 and a beta of 0.56.

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.