Jacobi Capital Management LLC Increases Stock Position in Capital Group Dividend Growers ETF (NYSEARCA:CGDG)

Jacobi Capital Management LLC grew its stake in shares of Capital Group Dividend Growers ETF (NYSEARCA:CGDG) by 1.0% during the fourth quarter, HoldingsChannel.com reports. The fund owned 37,320 shares of the company’s stock after buying an additional 361 shares during the quarter. Jacobi Capital Management LLC’s holdings in Capital Group Dividend Growers ETF were worth $1,106,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently made changes to their positions in the stock. Confluence Wealth Services Inc. boosted its holdings in shares of Capital Group Dividend Growers ETF by 31.5% during the 4th quarter. Confluence Wealth Services Inc. now owns 1,381,791 shares of the company’s stock valued at $42,324,000 after acquiring an additional 331,174 shares during the last quarter. MML Investors Services LLC boosted its holdings in shares of Capital Group Dividend Growers ETF by 64.5% during the 3rd quarter. MML Investors Services LLC now owns 594,614 shares of the company’s stock valued at $18,267,000 after acquiring an additional 233,068 shares during the last quarter. Valmark Advisers Inc. boosted its holdings in shares of Capital Group Dividend Growers ETF by 14.2% in the fourth quarter. Valmark Advisers Inc. now owns 469,662 shares of the company’s stock worth $13,921,000 after buying an additional 58,297 shares during the last quarter. Rothschild Investment LLC boosted its holdings in shares of Capital Group Dividend Growers ETF by 33.8% in the fourth quarter. Rothschild Investment LLC now owns 387,506 shares of the company’s stock worth $11,486,000 after buying an additional 97,826 shares during the last quarter. Finally, Jane Street Group LLC boosted its holdings in shares of 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 worth $11,244,000 after buying an additional 163,798 shares during the last quarter.

Capital Group Dividend Growers ETF Trading Up 0.7 %

CGDG opened at $31.24 on Friday. The company has a market cap of $362.38 million, a price-to-earnings ratio of 17.10 and a beta of 0.82. The company’s 50 day moving average is $30.46 and its 200 day moving average is $30.38. Capital Group Dividend Growers ETF has a 12-month low of $27.17 and a 12-month high of $31.75.

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.