Capital Group Dividend Growers ETF $CGDG Shares Acquired by Royal Bank of Canada

Royal Bank of Canada increased its stake in shares of Capital Group Dividend Growers ETF (NYSEARCA:CGDG) by 11.5% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 2,597,678 shares of the company’s stock after purchasing an additional 266,980 shares during the period. Royal Bank of Canada owned 1.98% of Capital Group Dividend Growers ETF worth $93,258,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Global Retirement Partners LLC lifted its position in shares of Capital Group Dividend Growers ETF by 330.8% in the fourth quarter. Global Retirement Partners LLC now owns 43,688 shares of the company’s stock valued at $1,557,000 after acquiring an additional 33,546 shares in the last quarter. RFG Advisory LLC raised its stake in Capital Group Dividend Growers ETF by 217.8% in the 4th quarter. RFG Advisory LLC now owns 142,426 shares of the company’s stock valued at $5,076,000 after purchasing an additional 97,611 shares during the last quarter. Swisher Financial Concepts Inc. raised its stake in Capital Group Dividend Growers ETF by 6.5% in the 1st quarter. Swisher Financial Concepts Inc. now owns 222,399 shares of the company’s stock valued at $7,984,000 after purchasing an additional 13,623 shares during the last quarter. UBS Group AG lifted its holdings in Capital Group Dividend Growers ETF by 19.0% in the 4th quarter. UBS Group AG now owns 930,806 shares of the company’s stock valued at $33,174,000 after purchasing an additional 148,596 shares in the last quarter. Finally, Stratos Wealth Partners LTD. boosted its stake in Capital Group Dividend Growers ETF by 40.9% during the 4th quarter. Stratos Wealth Partners LTD. now owns 164,128 shares of the company’s stock worth $5,850,000 after purchasing an additional 47,672 shares during the last quarter.

Capital Group Dividend Growers ETF Stock Down 0.2%

Shares of NYSEARCA CGDG opened at $38.34 on Friday. The firm has a 50-day simple moving average of $37.67 and a 200-day simple moving average of $37.12. The stock has a market capitalization of $5.46 billion, a price-to-earnings ratio of 20.18 and a beta of 0.49. Capital Group Dividend Growers ETF has a 52 week low of $32.90 and a 52 week high of $38.54.

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