Capital Group Dividend Growers ETF (NYSEARCA:CGDG) Short Interest Update

Capital Group Dividend Growers ETF (NYSEARCA:CGDG) was the recipient of a significant decrease in short interest during the month of March. As of March 13th, there was short interest totaling 49,838 shares, a decrease of 77.6% from the February 26th total of 222,760 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 727,535 shares, the days-to-cover ratio is presently 0.1 days.

Capital Group Dividend Growers ETF Price Performance

Shares of CGDG stock traded down $0.40 during trading hours on Thursday, reaching $35.38. The company had a trading volume of 557,641 shares, compared to its average volume of 876,446. The company has a market cap of $4.26 billion, a price-to-earnings ratio of 20.18 and a beta of 0.56. Capital Group Dividend Growers ETF has a 12 month low of $27.62 and a 12 month high of $38.00. The business has a fifty day simple moving average of $36.76 and a 200-day simple moving average of $35.75.

Hedge Funds Weigh In On Capital Group Dividend Growers ETF

Large investors have recently bought and sold shares of the stock. Gunpowder Capital Management LLC dba Oliver Wealth Management bought a new stake in shares of Capital Group Dividend Growers ETF in the 4th quarter worth $25,000. Trust Co. of Vermont bought a new position in shares of Capital Group Dividend Growers ETF during the third quarter valued at about $30,000. Ameriflex Group Inc. bought a new position in shares of Capital Group Dividend Growers ETF during the third quarter valued at about $33,000. Ancora Advisors LLC purchased a new position in Capital Group Dividend Growers ETF during the third quarter worth about $48,000. Finally, Strategic Investment Solutions Inc. IL boosted its holdings in Capital Group Dividend Growers ETF by 35.8% during the third quarter. Strategic Investment Solutions Inc. IL now owns 2,238 shares of the company’s stock worth $78,000 after purchasing an additional 590 shares during the last quarter.

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.