Capital Group Dividend Growers ETF $CGDG Shares Bought by LPL Financial LLC

LPL Financial LLC increased its position in Capital Group Dividend Growers ETF (NYSEARCA:CGDG) by 25.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 9,651,113 shares of the company’s stock after buying an additional 1,929,512 shares during the quarter. LPL Financial LLC owned about 8.01% of Capital Group Dividend Growers ETF worth $343,966,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of CGDG. RFG Advisory LLC raised 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 worth $5,076,000 after purchasing an additional 97,611 shares during the period. Stratos Wealth Partners LTD. raised its position in shares of Capital Group Dividend Growers ETF by 40.9% during 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 period. Assetmark Inc. raised its position in shares of Capital Group Dividend Growers ETF by 11.5% during the fourth quarter. Assetmark Inc. now owns 564,722 shares of the company’s stock worth $20,127,000 after purchasing an additional 58,154 shares during the period. NavPoint Financial Inc. raised its position in Capital Group Dividend Growers ETF by 48.6% during the fourth quarter. NavPoint Financial Inc. now owns 133,607 shares of the company’s stock valued at $4,762,000 after buying an additional 43,691 shares during the period. Finally, UBS Group AG raised its position in Capital Group Dividend Growers ETF by 19.0% during the fourth quarter. UBS Group AG now owns 930,806 shares of the company’s stock valued at $33,174,000 after buying an additional 148,596 shares during the period.

Capital Group Dividend Growers ETF Trading Down 0.1%

NYSEARCA:CGDG opened at $36.94 on Tuesday. The firm has a market capitalization of $4.84 billion, a price-to-earnings ratio of 20.18 and a beta of 0.50. Capital Group Dividend Growers ETF has a 1-year low of $32.74 and a 1-year high of $38.00. The business’s fifty day moving average price is $37.00 and its 200 day moving average price is $36.54.

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.