Private Client Services LLC Has $984,000 Stock Position in Capital Group Dividend Growers ETF $CGDG

Private Client Services LLC lifted its position in Capital Group Dividend Growers ETF (NYSEARCA:CGDG) by 187.2% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 26,220 shares of the company’s stock after acquiring an additional 17,090 shares during the period. Private Client Services LLC’s holdings in Capital Group Dividend Growers ETF were worth $984,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Gunpowder Capital Management LLC dba Oliver Wealth Management purchased a new stake in shares of Capital Group Dividend Growers ETF in the 4th quarter valued at approximately $25,000. Ancora Advisors LLC purchased a new position in Capital Group Dividend Growers ETF during the 3rd quarter worth approximately $48,000. Pinnacle Bancorp Inc. purchased a new stake in shares of Capital Group Dividend Growers ETF in the first quarter valued at $50,000. CX Institutional boosted its position in shares of Capital Group Dividend Growers ETF by 121.3% in the second quarter. CX Institutional now owns 1,737 shares of the company’s stock worth $65,000 after buying an additional 952 shares during the period. Finally, Sunbelt Securities Inc. boosted its position in shares of Capital Group Dividend Growers ETF by 17.3% in the first quarter. Sunbelt Securities Inc. now owns 2,698 shares of the company’s stock worth $97,000 after buying an additional 398 shares during the period.

Capital Group Dividend Growers ETF Trading Down 0.1%

Shares of CGDG stock opened at $38.31 on Tuesday. Capital Group Dividend Growers ETF has a 1-year low of $33.27 and a 1-year high of $38.54. The company has a market capitalization of $5.52 billion, a price-to-earnings ratio of 20.18 and a beta of 0.49. The stock’s fifty day simple moving average is $37.69 and its 200-day simple moving average is $37.14.

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.