NavPoint Financial Inc. Increases Position in Capital Group Dividend Growers ETF $CGDG

NavPoint Financial Inc. boosted its position in Capital Group Dividend Growers ETF (NYSEARCA:CGDG) by 20.8% in the first quarter, HoldingsChannel.com reports. The firm owned 161,369 shares of the company’s stock after acquiring an additional 27,762 shares during the period. Capital Group Dividend Growers ETF accounts for approximately 2.3% of NavPoint Financial Inc.’s investment portfolio, making the stock its 15th biggest holding. NavPoint Financial Inc.’s holdings in Capital Group Dividend Growers ETF were worth $5,793,000 as of its most recent filing with the SEC.

Other large investors have also made changes to their positions in the company. Bond & Devick Financial Network Inc. increased its position in Capital Group Dividend Growers ETF by 3.4% during the 4th quarter. Bond & Devick Financial Network Inc. now owns 8,521 shares of the company’s stock valued at $304,000 after buying an additional 284 shares in the last quarter. Concorde Asset Management LLC raised its holdings in shares of Capital Group Dividend Growers ETF by 3.9% during the fourth quarter. Concorde Asset Management LLC now owns 7,944 shares of the company’s stock worth $283,000 after purchasing an additional 295 shares during the last quarter. Signature Estate & Investment Advisors LLC raised its stake in shares of Capital Group Dividend Growers ETF by 2.3% during the 4th quarter. Signature Estate & Investment Advisors LLC now owns 13,787 shares of the company’s stock valued at $491,000 after buying an additional 307 shares during the last quarter. Lodestone Wealth Management LLC raised its position in Capital Group Dividend Growers ETF by 2.2% during the fourth quarter. Lodestone Wealth Management LLC now owns 15,453 shares of the company’s stock valued at $551,000 after acquiring an additional 327 shares in the last quarter. Finally, Titleist Asset Management LLC increased its holdings in shares of Capital Group Dividend Growers ETF by 4.7% during the 4th quarter. Titleist Asset Management LLC now owns 11,035 shares of the company’s stock valued at $393,000 after purchasing an additional 495 shares in the last quarter.

Capital Group Dividend Growers ETF Stock Performance

Shares of Capital Group Dividend Growers ETF stock opened at $37.32 on Thursday. Capital Group Dividend Growers ETF has a fifty-two week low of $32.90 and a fifty-two week high of $38.09. The company has a market cap of $5.17 billion, a P/E ratio of 20.18 and a beta of 0.49. The firm has a 50-day simple moving average of $37.31 and a two-hundred day simple moving average of $36.80.

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. CGDG was launched on Sep 26, 2023 and is issued by Capital Group.