Capital Group Dividend Growers ETF (NYSEARCA:CGDG) Shares Acquired by MML Investors Services LLC

MML Investors Services LLC lifted its position in Capital Group Dividend Growers ETF (NYSEARCA:CGDG) by 64.5% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 594,614 shares of the company’s stock after purchasing an additional 233,068 shares during the quarter. MML Investors Services LLC owned about 5.13% of Capital Group Dividend Growers ETF worth $18,267,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of CGDG. Orion Portfolio Solutions LLC purchased a new position in shares of Capital Group Dividend Growers ETF during the third quarter worth $3,343,000. Insigneo Advisory Services LLC purchased a new position in shares of Capital Group Dividend Growers ETF during the 3rd quarter valued at about $489,000. Jane Street Group LLC lifted its holdings in shares of Capital Group Dividend Growers ETF by 81.0% in the 3rd quarter. Jane Street Group LLC now owns 366,003 shares of the company’s stock valued at $11,244,000 after buying an additional 163,798 shares during the period. Stifel Financial Corp boosted its stake in shares of Capital Group Dividend Growers ETF by 1.2% in the third quarter. Stifel Financial Corp now owns 166,239 shares of the company’s stock worth $5,107,000 after buying an additional 1,941 shares during the last quarter. Finally, HighTower Advisors LLC grew its holdings in Capital Group Dividend Growers ETF by 2.8% during the third quarter. HighTower Advisors LLC now owns 43,825 shares of the company’s stock worth $1,349,000 after acquiring an additional 1,209 shares during the period.

Capital Group Dividend Growers ETF Trading Down 0.3 %

Shares of NYSEARCA:CGDG opened at $30.50 on Tuesday. Capital Group Dividend Growers ETF has a 12-month low of $26.13 and a 12-month high of $31.08. The business has a 50 day moving average of $30.53 and a two-hundred day moving average of $29.76. The company has a market capitalization of $353.80 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.