A&I Financial Services LLC Takes Position in Capital Group Dividend Growers ETF (NYSEARCA:CGDG)

A&I Financial Services LLC purchased a new position in Capital Group Dividend Growers ETF (NYSEARCA:CGDG) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 19,525 shares of the company’s stock, valued at approximately $579,000. Capital Group Dividend Growers ETF comprises about 0.6% of A&I Financial Services LLC’s investment portfolio, making the stock its 26th biggest holding.

Other hedge funds also recently bought and sold shares of the company. Park Avenue Securities LLC raised its holdings in Capital Group Dividend Growers ETF by 21.1% in the fourth quarter. Park Avenue Securities LLC now owns 17,081 shares of the company’s stock worth $506,000 after buying an additional 2,978 shares during the last quarter. International Assets Investment Management LLC purchased a new position in Capital Group Dividend Growers ETF in the 3rd quarter worth approximately $1,064,000. Raymond James & Associates boosted its stake in 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 during the last quarter. Harbour Investments Inc. increased its holdings in shares of Capital Group Dividend Growers ETF by 14.9% in the 3rd quarter. Harbour Investments Inc. now owns 71,137 shares of the company’s stock worth $2,185,000 after purchasing an additional 9,243 shares in the last quarter. Finally, Atria Investments Inc bought a new stake in shares of Capital Group Dividend Growers ETF in the 3rd quarter worth $246,000.

Capital Group Dividend Growers ETF Price Performance

Shares of NYSEARCA:CGDG opened at $31.03 on Friday. Capital Group Dividend Growers ETF has a 1 year low of $27.17 and a 1 year high of $31.75. The company has a market cap of $359.95 million, a P/E ratio of 17.10 and a beta of 0.82. The stock’s fifty day moving average price is $30.43 and its 200-day moving average price is $30.36.

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.