Diversify Wealth Management LLC Makes New $751,000 Investment in Capital Group Dividend Growers ETF $CGDG

Diversify Wealth Management LLC acquired a new stake in Capital Group Dividend Growers ETF (NYSEARCA:CGDG) in the first quarter, Holdings Channel reports. The fund acquired 20,423 shares of the company’s stock, valued at approximately $751,000.

A number of other institutional investors and hedge funds have also recently made changes to their positions in CGDG. Valmark Advisers Inc. grew its holdings in shares of Capital Group Dividend Growers ETF by 186.1% during the 1st quarter. Valmark Advisers Inc. now owns 2,079,344 shares of the company’s stock worth $74,648,000 after purchasing an additional 1,352,510 shares in the last quarter. Lincoln Capital LLC raised its stake in Capital Group Dividend Growers ETF by 9.8% in the first quarter. Lincoln Capital LLC now owns 22,446 shares of the company’s stock valued at $804,000 after purchasing an additional 2,005 shares in the last quarter. Fifth Third Bancorp acquired a new position in Capital Group Dividend Growers ETF in the first quarter valued at about $3,105,000. Simplicity Wealth LLC boosted its holdings in shares of Capital Group Dividend Growers ETF by 11.0% in the 1st quarter. Simplicity Wealth LLC now owns 33,113 shares of the company’s stock valued at $1,189,000 after purchasing an additional 3,286 shares in the last quarter. Finally, Kestra Advisory Services LLC boosted its holdings in shares of Capital Group Dividend Growers ETF by 109.4% in the 1st quarter. Kestra Advisory Services LLC now owns 317,362 shares of the company’s stock valued at $11,393,000 after purchasing an additional 165,792 shares in the last quarter.

Capital Group Dividend Growers ETF Stock Performance

Shares of CGDG opened at $38.01 on Friday. Capital Group Dividend Growers ETF has a 52-week low of $32.90 and a 52-week high of $38.25. The business’s fifty day moving average is $37.49 and its 200-day moving average is $36.96. The firm has a market cap of $5.34 billion, a price-to-earnings ratio of 20.18 and a beta of 0.49.

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.