Silver Oak Securities Incorporated Takes Position in Capital Group Dividend Growers ETF $CGDG

Silver Oak Securities Incorporated acquired a new position in shares of Capital Group Dividend Growers ETF (NYSEARCA:CGDG) in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 122,302 shares of the company’s stock, valued at approximately $4,391,000. Silver Oak Securities Incorporated owned 0.10% of Capital Group Dividend Growers ETF at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. LPL Financial LLC increased its position in Capital Group Dividend Growers ETF by 25.0% in the 4th quarter. LPL Financial LLC now owns 9,651,113 shares of the company’s stock valued at $343,966,000 after acquiring an additional 1,929,512 shares during the period. Wells Fargo & Company MN boosted its position in Capital Group Dividend Growers ETF by 146.0% during the 4th quarter. Wells Fargo & Company MN now owns 2,755,585 shares of the company’s stock worth $98,209,000 after acquiring an additional 1,635,584 shares during the period. Northwestern Mutual Wealth Management Co. boosted its position in Capital Group Dividend Growers ETF by 166.0% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 2,011,123 shares of the company’s stock worth $77,024,000 after acquiring an additional 1,255,064 shares during the period. Jane Street Group LLC grew its stake in shares of Capital Group Dividend Growers ETF by 1,837.3% in the fourth quarter. Jane Street Group LLC now owns 960,000 shares of the company’s stock worth $34,214,000 after purchasing an additional 910,447 shares in the last quarter. Finally, Raymond James Financial Inc. grew its stake in shares of Capital Group Dividend Growers ETF by 33.7% in the third quarter. Raymond James Financial Inc. now owns 3,547,167 shares of the company’s stock worth $122,909,000 after purchasing an additional 894,780 shares in the last quarter.

Capital Group Dividend Growers ETF Stock Performance

Shares of CGDG opened at $37.30 on Thursday. The firm has a market capitalization of $4.89 billion, a price-to-earnings ratio of 20.18 and a beta of 0.50. Capital Group Dividend Growers ETF has a one year low of $32.90 and a one year high of $38.09. The stock’s fifty day moving average is $37.28 and its 200-day moving average is $36.73.

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.