Capital Group Dividend Growers ETF (NYSEARCA:CGDG – Get Free Report)’s share price hit a new 52-week high on Thursday . The stock traded as high as $39.08 and last traded at $39.08, with a volume of 82428 shares. The stock had previously closed at $38.87.
Capital Group Dividend Growers ETF Price Performance
The firm has a market capitalization of $5.61 billion, a price-to-earnings ratio of 20.18 and a beta of 0.49. The stock has a fifty day moving average of $37.96 and a two-hundred day moving average of $37.28.
Institutional Investors Weigh In On Capital Group Dividend Growers ETF
Institutional investors have recently made changes to their positions in the stock. Gunpowder Capital Management LLC dba Oliver Wealth Management bought a new position in shares of Capital Group Dividend Growers ETF during the fourth quarter worth about $25,000. CoreCap Advisors LLC boosted its holdings in Capital Group Dividend Growers ETF by 1,458.3% in the second quarter. CoreCap Advisors LLC now owns 748 shares of the company’s stock valued at $28,000 after acquiring an additional 700 shares during the last quarter. Ancora Advisors LLC bought a new stake in Capital Group Dividend Growers ETF in the third quarter valued at approximately $48,000. Pinnacle Bancorp Inc. bought a new stake in Capital Group Dividend Growers ETF in the first quarter valued at approximately $50,000. Finally, CX Institutional increased its position in Capital Group Dividend Growers ETF by 121.3% during the 2nd quarter. CX Institutional now owns 1,737 shares of the company’s stock valued at $65,000 after purchasing an additional 952 shares during the period.
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.
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