Capital Group Dividend Growers ETF (NYSEARCA:CGDG) Short Interest Update

Capital Group Dividend Growers ETF (NYSEARCA:CGDG) saw a significant decrease in short interest in March. As of March 13th, there was short interest totaling 49,838 shares, a decrease of 77.6% from the February 26th total of 222,760 shares. Based on an average trading volume of 727,535 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the company’s shares are short sold. Approximately 0.0% of the company’s shares are short sold. Based on an average trading volume of 727,535 shares, the days-to-cover ratio is presently 0.1 days.

Hedge Funds Weigh In On Capital Group Dividend Growers ETF

A number of large investors have recently added to or reduced their stakes in CGDG. Bond & Devick Financial Network Inc. raised its stake in shares of Capital Group Dividend Growers ETF by 3.4% in the 4th quarter. Bond & Devick Financial Network Inc. now owns 8,521 shares of the company’s stock valued at $304,000 after purchasing an additional 284 shares during the period. Concorde Asset Management LLC raised its position in Capital Group Dividend Growers ETF by 3.9% in the 4th quarter. Concorde Asset Management LLC now owns 7,944 shares of the company’s stock valued at $283,000 after buying an additional 295 shares during the last quarter. Signature Estate & Investment Advisors LLC lifted its stake in Capital Group Dividend Growers ETF by 2.3% in the 4th quarter. Signature Estate & Investment Advisors LLC now owns 13,787 shares of the company’s stock valued at $491,000 after acquiring an additional 307 shares in the last quarter. Lodestone Wealth Management LLC lifted its stake in Capital Group Dividend Growers ETF by 2.2% in the 4th quarter. Lodestone Wealth Management LLC now owns 15,453 shares of the company’s stock valued at $551,000 after acquiring an additional 327 shares in the last quarter. Finally, Titleist Asset Management LLC boosted its position in Capital Group Dividend Growers ETF by 4.7% during the 4th quarter. Titleist Asset Management LLC now owns 11,035 shares of the company’s stock worth $393,000 after acquiring an additional 495 shares during the last quarter.

Capital Group Dividend Growers ETF Price Performance

Shares of Capital Group Dividend Growers ETF stock traded up $0.32 on Wednesday, hitting $35.78. The company had a trading volume of 690,248 shares, compared to its average volume of 882,039. The stock has a 50-day moving average of $36.81 and a 200-day moving average of $35.75. Capital Group Dividend Growers ETF has a twelve month low of $27.62 and a twelve month high of $38.00. The firm has a market capitalization of $4.31 billion, a P/E ratio of 20.18 and a beta of 0.56.

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.