Concourse Financial Group Securities Inc. Has $1.24 Million Stock Holdings in Capital Group Dividend Growers ETF (NYSEARCA:CGDG)

Concourse Financial Group Securities Inc. raised its position in Capital Group Dividend Growers ETF (NYSEARCA:CGDG) by 117.7% in the 3rd quarter, HoldingsChannel reports. The fund owned 40,151 shares of the company’s stock after purchasing an additional 21,709 shares during the period. Concourse Financial Group Securities Inc.’s holdings in Capital Group Dividend Growers ETF were worth $1,238,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently modified their holdings of the company. Sweeney & Michel LLC bought a new position in Capital Group Dividend Growers ETF during the first quarter worth about $7,734,000. Wealth Enhancement Advisory Services LLC bought a new position in shares of Capital Group Dividend Growers ETF during the 1st quarter worth approximately $1,208,000. Benjamin F. Edwards & Company Inc. boosted its stake in Capital Group Dividend Growers ETF by 64.7% in the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 96,180 shares of the company’s stock valued at $2,736,000 after buying an additional 37,777 shares in the last quarter. Cambridge Investment Research Advisors Inc. grew its position in Capital Group Dividend Growers ETF by 105.0% in the second quarter. Cambridge Investment Research Advisors Inc. now owns 145,594 shares of the company’s stock valued at $4,142,000 after acquiring an additional 74,560 shares during the period. Finally, Private Advisor Group LLC acquired a new position in Capital Group Dividend Growers ETF during the first quarter worth $383,000.

Capital Group Dividend Growers ETF Stock Performance

Shares of NYSEARCA CGDG opened at $31.06 on Tuesday. The business has a fifty day moving average of $30.09 and a two-hundred day moving average of $29.14. Capital Group Dividend Growers ETF has a 52-week low of $24.01 and a 52-week high of $31.07. The stock has a market cap of $360.30 million, a PE 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.