J. Derek Lewis & Associates Inc. Acquires New Position in Capital Group Dividend Growers ETF $CGDG

J. Derek Lewis & Associates Inc. acquired a new position in shares of Capital Group Dividend Growers ETF (NYSEARCA:CGDG) during the 4th quarter, HoldingsChannel reports. The firm acquired 563,341 shares of the company’s stock, valued at approximately $20,077,000. Capital Group Dividend Growers ETF comprises 4.7% of J. Derek Lewis & Associates Inc.’s holdings, making the stock its 6th largest position.

A number of other large investors have also recently bought and sold shares of CGDG. RFG Advisory LLC increased its position in Capital Group Dividend Growers ETF by 217.8% in the fourth quarter. RFG Advisory LLC now owns 142,426 shares of the company’s stock worth $5,076,000 after buying an additional 97,611 shares during the period. Stratos Wealth Partners LTD. lifted its stake in Capital Group Dividend Growers ETF by 40.9% in the fourth quarter. Stratos Wealth Partners LTD. now owns 164,128 shares of the company’s stock valued at $5,850,000 after buying an additional 47,672 shares during the last quarter. Assetmark Inc. boosted its holdings in shares of Capital Group Dividend Growers ETF by 11.5% during the fourth quarter. Assetmark Inc. now owns 564,722 shares of the company’s stock valued at $20,127,000 after acquiring an additional 58,154 shares during the period. UBS Group AG boosted its holdings in shares of Capital Group Dividend Growers ETF by 19.0% during the fourth quarter. UBS Group AG now owns 930,806 shares of the company’s stock valued at $33,174,000 after acquiring an additional 148,596 shares during the period. Finally, NavPoint Financial Inc. grew its position in shares of Capital Group Dividend Growers ETF by 48.6% during the fourth quarter. NavPoint Financial Inc. now owns 133,607 shares of the company’s stock worth $4,762,000 after acquiring an additional 43,691 shares during the last quarter.

Capital Group Dividend Growers ETF Stock Performance

Capital Group Dividend Growers ETF stock opened at $37.43 on Friday. Capital Group Dividend Growers ETF has a one year low of $32.74 and a one year high of $38.09. The company has a 50-day simple moving average of $37.27 and a 200-day simple moving average of $36.68. The firm has a market capitalization of $4.90 billion, a P/E ratio of 20.18 and a beta of 0.50.

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. CGDG was launched on Sep 26, 2023 and is issued by Capital Group.