Capital Group Dividend Growers ETF (NYSEARCA:CGDG) Stake Reduced by Capital International Investors

Capital International Investors reduced its stake in shares of Capital Group Dividend Growers ETF (NYSEARCA:CGDGFree Report) by 43.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 555,000 shares of the company’s stock after selling 429,000 shares during the quarter. Capital International Investors’ holdings in Capital Group Dividend Growers ETF were worth $15,074,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Confluence Wealth Services Inc. bought a new position in shares of Capital Group Dividend Growers ETF in the fourth quarter worth $16,951,000. Valmark Advisers Inc. bought a new position in shares of Capital Group Dividend Growers ETF in the fourth quarter worth $7,641,000. Cary Street Partners Investment Advisory LLC grew its stake in shares of Capital Group Dividend Growers ETF by 3.3% in the fourth quarter. Cary Street Partners Investment Advisory LLC now owns 243,174 shares of the company’s stock worth $6,605,000 after purchasing an additional 7,790 shares in the last quarter. Assetmark Inc. bought a new position in shares of Capital Group Dividend Growers ETF in the fourth quarter worth $1,354,000. Finally, Benjamin F. Edwards & Company Inc. bought a new position in shares of Capital Group Dividend Growers ETF in the fourth quarter worth $976,000.

Capital Group Dividend Growers ETF Stock Performance

NYSEARCA:CGDG opened at $28.77 on Friday. Capital Group Dividend Growers ETF has a 1 year low of $24.01 and a 1 year high of $29.34. The stock has a market cap of $333.73 million, a price-to-earnings ratio of 17.10 and a beta of 0.82. The business has a fifty day moving average of $28.39 and a 200-day moving average of $27.65.

Capital Group Dividend Growers ETF Company Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Capital Group Dividend Growers ETF (NYSEARCA:CGDG)

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