Orion Portfolio Solutions LLC Buys 13,059 Shares of Capital Group Dividend Growers ETF (NYSEARCA:CGDG)

Orion Portfolio Solutions LLC increased its stake in shares of Capital Group Dividend Growers ETF (NYSEARCA:CGDG) by 12.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 121,869 shares of the company’s stock after acquiring an additional 13,059 shares during the quarter. Orion Portfolio Solutions LLC’s holdings in Capital Group Dividend Growers ETF were worth $3,612,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of CGDG. Captrust Financial Advisors boosted its holdings in shares of Capital Group Dividend Growers ETF by 7.2% during the 3rd quarter. Captrust Financial Advisors now owns 119,757 shares of the company’s stock valued at $3,679,000 after purchasing an additional 8,075 shares during the last quarter. Benjamin Edwards Inc. purchased a new stake in shares of Capital Group Dividend Growers ETF in the third quarter worth about $4,421,000. HighTower Advisors LLC boosted its stake in Capital Group Dividend Growers ETF by 2.8% during the third quarter. HighTower Advisors LLC now owns 43,825 shares of the company’s stock valued at $1,349,000 after buying an additional 1,209 shares during the last quarter. Stifel Financial Corp grew its holdings in Capital Group Dividend Growers ETF by 1.2% during the 3rd quarter. Stifel Financial Corp now owns 166,239 shares of the company’s stock valued at $5,107,000 after buying an additional 1,941 shares in the last quarter. Finally, Jane Street Group LLC increased its stake in Capital Group Dividend Growers ETF by 81.0% in the 3rd quarter. Jane Street Group LLC now owns 366,003 shares of the company’s stock worth $11,244,000 after acquiring an additional 163,798 shares during the last quarter.

Capital Group Dividend Growers ETF Price Performance

Shares of CGDG opened at $30.95 on Monday. The business’s 50 day simple moving average is $31.02 and its 200-day simple moving average is $30.55. Capital Group Dividend Growers ETF has a 1 year low of $27.18 and a 1 year high of $31.75. The stock has a market capitalization of $1.77 billion, a price-to-earnings ratio of 20.43 and a beta of 0.82.

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.