Confluence Wealth Services Inc. Has $42.32 Million Stock Position in Capital Group Dividend Growers ETF (NYSEARCA:CGDG)

Confluence Wealth Services Inc. boosted its stake in shares of Capital Group Dividend Growers ETF (NYSEARCA:CGDG) by 31.5% during the fourth quarter, Holdings Channel.com reports. The firm owned 1,381,791 shares of the company’s stock after purchasing an additional 331,174 shares during the quarter. Capital Group Dividend Growers ETF makes up about 2.8% of Confluence Wealth Services Inc.’s investment portfolio, making the stock its 10th biggest position. Confluence Wealth Services Inc. owned 0.12% of Capital Group Dividend Growers ETF worth $42,324,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in CGDG. MML Investors Services LLC boosted its holdings in shares of Capital Group Dividend Growers ETF by 64.5% in the 3rd quarter. MML Investors Services LLC now owns 594,614 shares of the company’s stock valued at $18,267,000 after buying an additional 233,068 shares in the last quarter. Assetmark Inc. boosted its stake in Capital Group Dividend Growers ETF by 258.0% in the third quarter. Assetmark Inc. now owns 257,673 shares of the company’s stock valued at $7,916,000 after acquiring an additional 185,705 shares in the last quarter. Jane Street Group LLC grew its holdings in Capital Group Dividend Growers ETF by 81.0% in the third quarter. Jane Street Group LLC now owns 366,003 shares of the company’s stock worth $11,244,000 after purchasing an additional 163,798 shares during the last quarter. Benjamin Edwards Inc. acquired a new position in shares of Capital Group Dividend Growers ETF during the third quarter worth $4,421,000. Finally, Commonwealth Equity Services LLC lifted its holdings in shares of Capital Group Dividend Growers ETF by 14.9% during the 3rd quarter. Commonwealth Equity Services LLC now owns 994,625 shares of the company’s stock valued at $30,555,000 after purchasing an additional 128,898 shares during the last quarter.

Capital Group Dividend Growers ETF Price Performance

Shares of CGDG stock opened at $30.74 on Wednesday. The stock’s fifty day moving average price is $30.12 and its 200 day moving average price is $30.10. Capital Group Dividend Growers ETF has a 1-year low of $26.91 and a 1-year high of $31.08. The company has a market cap of $356.58 million, a price-to-earnings ratio of 17.10 and a beta of 0.82.

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.