Ameritas Advisory Services LLC Purchases 12,891 Shares of Capital Group Dividend Growers ETF (NYSEARCA:CGDG)

Ameritas Advisory Services LLC lifted its position in Capital Group Dividend Growers ETF (NYSEARCA:CGDG) by 15.3% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 97,289 shares of the company’s stock after acquiring an additional 12,891 shares during the quarter. Ameritas Advisory Services LLC owned 0.84% of Capital Group Dividend Growers ETF worth $2,989,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in CGDG. Strategic Investment Solutions Inc. IL bought a new stake in shares of Capital Group Dividend Growers ETF in the 3rd quarter valued at about $36,000. Larson Financial Group LLC increased its holdings in Capital Group Dividend Growers ETF by 92.1% during the first quarter. Larson Financial Group LLC now owns 3,650 shares of the company’s stock valued at $104,000 after buying an additional 1,750 shares during the period. Creative Financial Designs Inc. ADV raised its stake in Capital Group Dividend Growers ETF by 139.9% in the third quarter. Creative Financial Designs Inc. ADV now owns 6,407 shares of the company’s stock worth $197,000 after buying an additional 3,736 shares in the last quarter. Continuum Advisory LLC purchased a new stake in Capital Group Dividend Growers ETF during the second quarter worth $200,000. Finally, New Century Financial Group LLC purchased a new stake in Capital Group Dividend Growers ETF during the third quarter worth $211,000.

Capital Group Dividend Growers ETF Trading Up 1.1 %

Shares of NYSEARCA:CGDG opened at $30.42 on Wednesday. The company has a market capitalization of $352.87 million, a PE ratio of 17.10 and a beta of 0.82. Capital Group Dividend Growers ETF has a 12-month low of $24.93 and a 12-month high of $31.08. The business’s fifty day simple moving average is $30.46 and its 200-day simple moving average is $29.44.

About Capital Group Dividend Growers ETF

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.