World Investment Advisors Reduces Holdings in Capital Group Dividend Growers ETF (NYSEARCA:CGDG)

World Investment Advisors cut its stake in Capital Group Dividend Growers ETF (NYSEARCA:CGDG) by 3.1% in the fourth quarter, Holdings Channel.com reports. The fund owned 25,110 shares of the company’s stock after selling 808 shares during the quarter. World Investment Advisors’ holdings in Capital Group Dividend Growers ETF were worth $744,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently bought and sold shares of CGDG. JPMorgan Chase & Co. increased its position in shares of Capital Group Dividend Growers ETF by 53.1% during the fourth quarter. JPMorgan Chase & Co. now owns 1,150 shares of the company’s stock worth $34,000 after purchasing an additional 399 shares in the last quarter. Stonebridge Financial Group LLC purchased a new position in Capital Group Dividend Growers ETF during the 4th quarter worth approximately $59,000. IFP Advisors Inc increased its position in Capital Group Dividend Growers ETF by 8.7% during 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. Synergy Investment Management LLC purchased a new stake in Capital Group Dividend Growers ETF in the fourth quarter valued at approximately $199,000. Finally, Moloney Securities Asset Management LLC acquired a new stake in shares of Capital Group Dividend Growers ETF in the fourth quarter valued at approximately $211,000.

Capital Group Dividend Growers ETF Price Performance

Shares of Capital Group Dividend Growers ETF stock opened at $28.77 on Monday. The firm’s fifty day simple moving average is $31.01 and its 200-day simple moving average is $30.55. Capital Group Dividend Growers ETF has a 12 month low of $27.18 and a 12 month high of $31.75. The stock has a market capitalization of $1.65 billion, a price-to-earnings ratio of 20.43 and a beta of 0.82.

Capital Group Dividend Growers ETF Announces Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, April 1st. Shareholders of record on Monday, March 31st were paid a $0.1333 dividend. The ex-dividend date of this dividend was Monday, March 31st.

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.