Sei Investments Co. Raises Stock Position in Capital Group Dividend Growers ETF $CGDG

Sei Investments Co. grew its stake in shares of Capital Group Dividend Growers ETF (NYSEARCA:CGDG) by 36.5% in the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,188,191 shares of the company’s stock after acquiring an additional 317,794 shares during the period. Sei Investments Co. owned about 0.91% of Capital Group Dividend Growers ETF worth $42,656,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of the company. Concorde Asset Management LLC increased its holdings in Capital Group Dividend Growers ETF by 3.9% during the 4th quarter. Concorde Asset Management LLC now owns 7,944 shares of the company’s stock worth $283,000 after purchasing an additional 295 shares during the period. Signature Estate & Investment Advisors LLC raised its position 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 purchasing an additional 307 shares in the last quarter. Summit Global Investments lifted its holdings in shares of Capital Group Dividend Growers ETF by 1.9% in the 1st quarter. Summit Global Investments now owns 17,452 shares of the company’s stock worth $627,000 after buying an additional 317 shares during the period. Lodestone Wealth Management LLC lifted its holdings in shares of 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 worth $551,000 after buying an additional 327 shares during the period. Finally, Stephens Inc. AR grew its position in shares of Capital Group Dividend Growers ETF by 0.4% during the 1st quarter. Stephens Inc. AR now owns 106,143 shares of the company’s stock worth $3,811,000 after buying an additional 409 shares in the last quarter.

Capital Group Dividend Growers ETF Stock Performance

Shares of Capital Group Dividend Growers ETF stock opened at $38.23 on Monday. The firm has a market cap of $5.42 billion, a P/E ratio of 20.18 and a beta of 0.49. Capital Group Dividend Growers ETF has a 12 month low of $32.90 and a 12 month high of $38.37. The stock’s fifty day moving average price is $37.58 and its 200-day moving average price is $37.05.

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.