LifeGoal Wealth Advisors Acquires New Position in Capital Group Dividend Growers ETF (NYSEARCA:CGDG)

LifeGoal Wealth Advisors purchased a new position in shares of Capital Group Dividend Growers ETF (NYSEARCA:CGDG) in the fourth quarter, Holdings Channel.com reports. The firm purchased 142,144 shares of the company’s stock, valued at approximately $4,213,000. Capital Group Dividend Growers ETF accounts for approximately 4.6% of LifeGoal Wealth Advisors’ holdings, making the stock its 6th largest holding.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Raymond James & Associates raised its holdings in shares of Capital Group Dividend Growers ETF by 48.5% during the 3rd quarter. Raymond James & Associates now owns 209,908 shares of the company’s stock valued at $6,448,000 after purchasing an additional 68,574 shares in the last quarter. International Assets Investment Management LLC bought a new stake in Capital Group Dividend Growers ETF during the third quarter worth approximately $1,064,000. Wealth Enhancement Advisory Services LLC raised its holdings in Capital Group Dividend Growers ETF by 27.4% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 95,428 shares of the company’s stock worth $2,932,000 after acquiring an additional 20,515 shares during the period. Patriot Financial Group Insurance Agency LLC acquired a new position in Capital Group Dividend Growers ETF during the 3rd quarter worth $357,000. Finally, Gateway Wealth Partners LLC bought a new stake in Capital Group Dividend Growers ETF during the 3rd quarter valued at approximately $244,000.

Capital Group Dividend Growers ETF Trading Up 0.5 %

Shares of CGDG stock opened at $31.27 on Wednesday. Capital Group Dividend Growers ETF has a 1 year low of $27.17 and a 1 year high of $31.75. The firm has a market capitalization of $362.73 million, a P/E ratio of 17.10 and a beta of 0.82. The firm’s fifty day simple moving average is $30.36 and its 200 day simple moving average is $30.35.

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.