Capital Group Dividend Growers ETF (NYSEARCA:CGDG) Shares Purchased by Vestmark Advisory Solutions Inc.

Vestmark Advisory Solutions Inc. raised its stake in Capital Group Dividend Growers ETF (NYSEARCA:CGDG) by 15.3% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 307,094 shares of the company’s stock after purchasing an additional 40,663 shares during the quarter. Vestmark Advisory Solutions Inc.’s holdings in Capital Group Dividend Growers ETF were worth $9,102,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Park Avenue Securities LLC raised its stake in shares of Capital Group Dividend Growers ETF by 21.1% in the 4th quarter. Park Avenue Securities LLC now owns 17,081 shares of the company’s stock valued at $506,000 after acquiring an additional 2,978 shares during the period. Atria Investments Inc acquired a new position in Capital Group Dividend Growers ETF during the third quarter worth $246,000. Harbour Investments Inc. lifted its stake in Capital Group Dividend Growers ETF by 14.9% during the third quarter. Harbour Investments Inc. now owns 71,137 shares of the company’s stock worth $2,185,000 after purchasing an additional 9,243 shares in the last quarter. Kingsview Wealth Management LLC boosted its position in shares of Capital Group Dividend Growers ETF by 3.9% during the third quarter. Kingsview Wealth Management LLC now owns 12,111 shares of the company’s stock worth $372,000 after buying an additional 449 shares during the period. Finally, Patriot Financial Group Insurance Agency LLC grew its stake in shares of Capital Group Dividend Growers ETF by 32.5% in the fourth quarter. Patriot Financial Group Insurance Agency LLC now owns 15,391 shares of the company’s stock valued at $456,000 after buying an additional 3,776 shares in the last quarter.

Capital Group Dividend Growers ETF Trading Up 1.1 %

CGDG opened at $31.44 on Thursday. The stock’s 50-day moving average price is $30.54 and its 200 day moving average price is $30.42. Capital Group Dividend Growers ETF has a 12-month low of $27.18 and a 12-month high of $31.75. The firm has a market cap of $1.73 billion, a price-to-earnings ratio of 19.99 and a beta of 0.82.

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.