PFG Advisors Acquires 3,730 Shares of Capital Group Dividend Growers ETF (NYSEARCA:CGDG)

PFG Advisors grew its holdings in shares of Capital Group Dividend Growers ETF (NYSEARCA:CGDG) by 25.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 18,436 shares of the company’s stock after purchasing an additional 3,730 shares during the quarter. PFG Advisors owned about 0.16% of Capital Group Dividend Growers ETF worth $546,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of CGDG. Raymond James Financial Inc. bought a new position in shares of Capital Group Dividend Growers ETF during the 4th quarter valued at $42,618,000. Confluence Wealth Services Inc. raised its holdings in shares of Capital Group Dividend Growers ETF by 31.5% during the 4th quarter. Confluence Wealth Services Inc. now owns 1,381,791 shares of the company’s stock valued at $42,324,000 after purchasing an additional 331,174 shares in the last quarter. MML Investors Services LLC raised its holdings in shares of Capital Group Dividend Growers ETF by 64.5% during the 3rd quarter. MML Investors Services LLC now owns 594,614 shares of the company’s stock valued at $18,267,000 after purchasing an additional 233,068 shares in the last quarter. Jane Street Group LLC raised its holdings in shares of Capital Group Dividend Growers ETF by 81.0% during the 3rd quarter. Jane Street Group LLC now owns 366,003 shares of the company’s stock valued at $11,244,000 after purchasing an additional 163,798 shares in the last quarter. Finally, Benjamin Edwards Inc. bought a new position in Capital Group Dividend Growers ETF in the 3rd quarter worth $4,421,000.

Capital Group Dividend Growers ETF Price Performance

Shares of CGDG opened at $30.94 on Friday. The company has a market capitalization of $1.70 billion, a PE ratio of 19.99 and a beta of 0.82. Capital Group Dividend Growers ETF has a one year low of $27.18 and a one year high of $31.75. The company’s fifty day moving average price is $30.71 and its 200 day moving average price is $30.46.

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.