BlueChip Wealth Advisors LLC reduced its stake in Capital Group Dividend Growers ETF (NYSEARCA:CGDG – Free Report) by 10.1% in the 1st quarter, HoldingsChannel reports. The firm owned 143,026 shares of the company’s stock after selling 16,042 shares during the quarter. Capital Group Dividend Growers ETF makes up 2.3% of BlueChip Wealth Advisors LLC’s portfolio, making the stock its 13th biggest position. BlueChip Wealth Advisors LLC’s holdings in Capital Group Dividend Growers ETF were worth $5,135,000 as of its most recent SEC filing.
Several other institutional investors have also recently made changes to their positions in the stock. Gunpowder Capital Management LLC dba Oliver Wealth Management bought a new position in Capital Group Dividend Growers ETF in the fourth quarter worth approximately $25,000. Ancora Advisors LLC acquired a new stake in Capital Group Dividend Growers ETF in the third quarter valued at approximately $48,000. Pinnacle Bancorp Inc. bought a new stake in shares of Capital Group Dividend Growers ETF during the first quarter valued at approximately $50,000. Strategic Investment Solutions Inc. IL increased its holdings in shares of 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 valued at $78,000 after acquiring an additional 590 shares in the last quarter. Finally, Arax Advisory Partners raised its position in shares of Capital Group Dividend Growers ETF by 919.0% during the fourth quarter. Arax Advisory Partners now owns 2,955 shares of the company’s stock worth $105,000 after purchasing an additional 2,665 shares during the period.
Capital Group Dividend Growers ETF Stock Down 0.1%
Shares of NYSEARCA:CGDG opened at $37.67 on Wednesday. The stock’s 50 day moving average is $37.47 and its 200-day moving average is $36.94. Capital Group Dividend Growers ETF has a twelve month low of $32.90 and a twelve month high of $38.25. The firm has a market capitalization of $5.29 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.
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Want to see what other hedge funds are holding CGDG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Capital Group Dividend Growers ETF (NYSEARCA:CGDG – Free Report).
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