Capital Group Dividend Growers ETF (NYSEARCA:CGDG) Shares Acquired by Valmark Advisers Inc.

Valmark Advisers Inc. lifted its stake in shares of Capital Group Dividend Growers ETF (NYSEARCA:CGDG) by 14.2% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 469,662 shares of the company’s stock after buying an additional 58,297 shares during the quarter. Valmark Advisers Inc.’s holdings in Capital Group Dividend Growers ETF were worth $13,921,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Confluence Wealth Services Inc. boosted its holdings in Capital Group Dividend Growers ETF by 31.5% in the fourth 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 boosted its holdings in Capital Group Dividend Growers ETF by 64.5% in the third 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. Assetmark Inc. boosted its holdings 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 purchasing an additional 185,705 shares in the last quarter. Jane Street Group LLC boosted 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 valued at $11,244,000 after purchasing an additional 163,798 shares in the last quarter. Finally, Benjamin Edwards Inc. acquired a new position in Capital Group Dividend Growers ETF in the third quarter valued at approximately $4,421,000.

Capital Group Dividend Growers ETF Stock Down 0.2 %

Shares of CGDG opened at $31.39 on Friday. The stock has a 50 day moving average price of $30.22 and a 200 day moving average price of $30.20. The company has a market capitalization of $364.12 million, a price-to-earnings ratio of 17.10 and a beta of 0.82. Capital Group Dividend Growers ETF has a 52-week low of $27.17 and a 52-week high of $31.75.

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.