HighTower Advisors LLC Raises Stock Position in Capital Group Dividend Growers ETF (NYSEARCA:CGDG)

HighTower Advisors LLC grew its stake in Capital Group Dividend Growers ETF (NYSEARCA:CGDG) by 2.8% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 43,825 shares of the company’s stock after purchasing an additional 1,209 shares during the quarter. HighTower Advisors LLC’s holdings in Capital Group Dividend Growers ETF were worth $1,349,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Kingsview Wealth Management LLC lifted its stake in shares of Capital Group Dividend Growers ETF by 3.9% in the third quarter. Kingsview Wealth Management LLC now owns 12,111 shares of the company’s stock worth $372,000 after buying an additional 449 shares in the last quarter. Sigma Planning Corp lifted its position in Capital Group Dividend Growers ETF by 4.1% during the third quarter. Sigma Planning Corp now owns 16,581 shares of the company’s stock worth $509,000 after buying an additional 648 shares in the last quarter. Strategic Investment Solutions Inc. IL purchased a new position in shares of Capital Group Dividend Growers ETF during the 3rd quarter worth $36,000. Mayflower Financial Advisors LLC boosted its position in shares of Capital Group Dividend Growers ETF by 5.1% during the 2nd quarter. Mayflower Financial Advisors LLC now owns 38,301 shares of the company’s stock valued at $1,090,000 after acquiring an additional 1,873 shares during the last quarter. Finally, Dynamic Advisor Solutions LLC grew its holdings in shares of Capital Group Dividend Growers ETF by 6.2% in the third quarter. Dynamic Advisor Solutions LLC now owns 51,018 shares of the company’s stock valued at $1,567,000 after purchasing an additional 2,972 shares during the period.

Capital Group Dividend Growers ETF Price Performance

Shares of CGDG stock opened at $30.41 on Tuesday. The company has a market capitalization of $352.76 million, a PE ratio of 17.10 and a beta of 0.82. The firm’s 50-day moving average is $30.49 and its two-hundred day moving average is $29.81. Capital Group Dividend Growers ETF has a 12 month low of $26.40 and a 12 month high of $31.08.

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.