Capital Group Dividend Growers ETF (NYSEARCA:CGDG) Shares Bought by Envestnet Portfolio Solutions Inc.

Envestnet Portfolio Solutions Inc. grew its position in shares of Capital Group Dividend Growers ETF (NYSEARCA:CGDG) by 16.1% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 187,117 shares of the company’s stock after acquiring an additional 25,991 shares during the quarter. Envestnet Portfolio Solutions Inc.’s holdings in Capital Group Dividend Growers ETF were worth $5,546,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Jacobi Capital Management LLC boosted its position in shares of Capital Group Dividend Growers ETF by 1.0% in the fourth quarter. Jacobi Capital Management LLC now owns 37,320 shares of the company’s stock worth $1,106,000 after buying an additional 361 shares during the period. IFP Advisors Inc boosted its position in shares of Capital Group Dividend Growers ETF by 8.7% in the fourth quarter. IFP Advisors Inc now owns 5,484 shares of the company’s stock worth $163,000 after buying an additional 438 shares during the period. Kingsview Wealth Management LLC boosted its position 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 during the period. World Investment Advisors LLC boosted its position in shares of Capital Group Dividend Growers ETF by 1.9% in the third quarter. World Investment Advisors LLC now owns 25,918 shares of the company’s stock worth $796,000 after buying an additional 490 shares during the period. Finally, RFG Advisory LLC boosted its position in shares of Capital Group Dividend Growers ETF by 4.1% in the fourth quarter. RFG Advisory LLC now owns 12,389 shares of the company’s stock worth $367,000 after buying an additional 493 shares during the period.

Capital Group Dividend Growers ETF Price Performance

Shares of NYSEARCA CGDG opened at $31.20 on Wednesday. Capital Group Dividend Growers ETF has a 1-year low of $27.18 and a 1-year high of $31.75. The business has a 50-day moving average of $30.76 and a 200-day moving average of $30.47. The company has a market capitalization of $1.71 billion, a price-to-earnings ratio of 19.99 and a beta of 0.82.

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.