MFA Wealth Services Raises Position in Capital Group Dividend Growers ETF $CGDG

MFA Wealth Services grew its stake in Capital Group Dividend Growers ETF (NYSEARCA:CGDG) by 64.1% during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 65,653 shares of the company’s stock after purchasing an additional 25,642 shares during the quarter. Capital Group Dividend Growers ETF makes up about 1.6% of MFA Wealth Services’ holdings, making the stock its 14th largest position. MFA Wealth Services’ holdings in Capital Group Dividend Growers ETF were worth $2,357,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently modified their holdings of the stock. Bond & Devick Financial Network Inc. grew its holdings in Capital Group Dividend Growers ETF by 3.4% during the fourth quarter. Bond & Devick Financial Network Inc. now owns 8,521 shares of the company’s stock worth $304,000 after buying an additional 284 shares in the last quarter. 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% during 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% during 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 holdings 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

CGDG opened at $37.51 on Friday. Capital Group Dividend Growers ETF has a 1 year low of $32.90 and a 1 year high of $38.09. The company has a market capitalization of $4.91 billion, a price-to-earnings ratio of 20.18 and a beta of 0.50. The firm’s fifty day moving average price is $37.29 and its two-hundred day moving average price is $36.75.

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.