Sunbelt Securities Inc. Makes New Investment in Capital Group Dividend Growers ETF (NYSEARCA:CGDG)

Sunbelt Securities Inc. acquired a new stake in shares of Capital Group Dividend Growers ETF (NYSEARCA:CGDG) in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 2,300 shares of the company’s stock, valued at approximately $66,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Creative Financial Designs Inc. ADV acquired a new position in Capital Group Dividend Growers ETF during the fourth quarter valued at approximately $48,000. Larson Financial Group LLC purchased a new stake in Capital Group Dividend Growers ETF during the 4th quarter worth $52,000. Tempus Wealth Planning LLC purchased a new stake in Capital Group Dividend Growers ETF during the 4th quarter worth $211,000. Mayflower Financial Advisors LLC acquired a new stake in Capital Group Dividend Growers ETF in the 4th quarter valued at $315,000. Finally, U.S. Capital Wealth Advisors LLC purchased a new position in Capital Group Dividend Growers ETF in the fourth quarter valued at about $363,000.

Capital Group Dividend Growers ETF Price Performance

Shares of NYSEARCA CGDG opened at $28.45 on Monday. Capital Group Dividend Growers ETF has a 1-year low of $24.01 and a 1-year high of $29.34. The company has a market capitalization of $330.02 million, a price-to-earnings ratio of 17.10 and a beta of 0.82. The business has a 50-day moving average of $28.65 and a 200-day moving average of $27.94.

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.