Steward Partners Investment Advisory LLC Boosts Position in Capital Group Dividend Growers ETF (NYSEARCA:CGDG)

Steward Partners Investment Advisory LLC grew its stake in Capital Group Dividend Growers ETF (NYSEARCA:CGDG) by 33.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 25,812 shares of the company’s stock after acquiring an additional 6,480 shares during the quarter. Steward Partners Investment Advisory LLC owned about 0.22% of Capital Group Dividend Growers ETF worth $765,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in CGDG. Stonebridge Financial Group LLC purchased a new stake in shares of Capital Group Dividend Growers ETF in the fourth quarter valued at $59,000. IFP Advisors Inc lifted its position in shares of Capital Group Dividend Growers ETF by 8.7% in the fourth quarter. IFP Advisors Inc now owns 5,484 shares of the company’s stock valued at $163,000 after acquiring an additional 438 shares in the last quarter. Moloney Securities Asset Management LLC purchased a new stake in shares of Capital Group Dividend Growers ETF in the fourth quarter valued at $211,000. Sanctuary Advisors LLC purchased a new stake in shares of Capital Group Dividend Growers ETF in the third quarter valued at $230,000. Finally, Beta Wealth Group Inc. lifted its position in Capital Group Dividend Growers ETF by 8.3% during the fourth quarter. Beta Wealth Group Inc. now owns 7,970 shares of the company’s stock worth $236,000 after buying an additional 611 shares during the period.

Capital Group Dividend Growers ETF Trading Down 1.7 %

NYSEARCA CGDG opened at $30.81 on Tuesday. The business’s 50-day moving average price is $30.62 and its 200 day moving average price is $30.45. Capital Group Dividend Growers ETF has a twelve month low of $27.18 and a twelve month high of $31.75. The company has a market capitalization of $1.69 billion, a PE ratio of 19.99 and a beta of 0.82.

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.