Park Avenue Securities LLC Buys Shares of 14,103 Capital Group Dividend Growers ETF (NYSEARCA:CGDG)

Park Avenue Securities LLC bought a new stake in shares of Capital Group Dividend Growers ETF (NYSEARCA:CGDG) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 14,103 shares of the company’s stock, valued at approximately $433,000.

A number of other hedge funds have also made changes to their positions in CGDG. Larson Financial Group LLC increased its holdings in shares of Capital Group Dividend Growers ETF by 92.1% in the first quarter. Larson Financial Group LLC now owns 3,650 shares of the company’s stock valued at $104,000 after purchasing an additional 1,750 shares during the last quarter. Mayflower Financial Advisors LLC increased its holdings in shares of Capital Group Dividend Growers ETF by 5.1% in the second quarter. Mayflower Financial Advisors LLC now owns 38,301 shares of the company’s stock valued at $1,090,000 after purchasing an additional 1,873 shares during the last quarter. Sweeney & Michel LLC increased its holdings in shares of Capital Group Dividend Growers ETF by 0.8% in the second quarter. Sweeney & Michel LLC now owns 269,232 shares of the company’s stock valued at $7,724,000 after purchasing an additional 2,077 shares during the last quarter. Sunbelt Securities Inc. acquired a new stake in shares of Capital Group Dividend Growers ETF in the first quarter valued at approximately $66,000. Finally, Pillar Wealth Advisors LLC increased its holdings in shares of Capital Group Dividend Growers ETF by 7.1% in the first quarter. Pillar Wealth Advisors LLC now owns 35,036 shares of the company’s stock valued at $1,003,000 after purchasing an additional 2,317 shares during the last quarter.

Capital Group Dividend Growers ETF Stock Performance

NYSEARCA:CGDG opened at $30.85 on Friday. Capital Group Dividend Growers ETF has a one year low of $24.01 and a one year high of $31.03. The stock has a market cap of $357.86 million, a PE ratio of 17.10 and a beta of 0.82. The stock has a 50 day moving average price of $30.03 and a 200 day moving average price of $29.12.

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.