Vestmark Advisory Solutions Inc. Purchases 40,663 Shares of Capital Group Dividend Growers ETF (NYSEARCA:CGDG)

Vestmark Advisory Solutions Inc. grew its position in shares of Capital Group Dividend Growers ETF (NYSEARCA:CGDG) by 15.3% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 307,094 shares of the company’s stock after acquiring an additional 40,663 shares during the quarter. Vestmark Advisory Solutions Inc. owned about 2.65% of Capital Group Dividend Growers ETF worth $9,102,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of CGDG. Stonebridge Financial Group LLC purchased a new stake in shares of Capital Group Dividend Growers ETF during the 4th quarter valued at about $59,000. IFP Advisors Inc lifted its stake in shares of Capital Group Dividend Growers ETF by 8.7% in the 4th quarter. IFP Advisors Inc now owns 5,484 shares of the company’s stock valued at $163,000 after purchasing an additional 438 shares during the last quarter. Synergy Investment Management LLC purchased a new position in shares of Capital Group Dividend Growers ETF in the 4th quarter worth approximately $199,000. Moloney Securities Asset Management LLC bought a new position in shares of Capital Group Dividend Growers ETF during the 4th quarter valued at approximately $211,000. Finally, Beta Wealth Group Inc. bought a new stake in Capital Group Dividend Growers ETF in the third quarter worth $226,000.

Capital Group Dividend Growers ETF Trading Up 1.1 %

Shares of CGDG opened at $31.44 on Thursday. Capital Group Dividend Growers ETF has a twelve month low of $27.18 and a twelve month high of $31.75. The company has a market cap of $1.73 billion, a P/E ratio of 19.99 and a beta of 0.82. The company’s fifty day simple moving average is $30.54 and its 200-day simple moving average is $30.42.

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.