Titleist Asset Management LLC Invests $296,000 in Capital Group Dividend Growers ETF (NYSEARCA:CGDG)

Titleist Asset Management LLC bought a new stake in Capital Group Dividend Growers ETF (NYSEARCA:CGDG) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 9,999 shares of the company’s stock, valued at approximately $296,000.

Several other hedge funds also recently modified their holdings of the stock. Park Avenue Securities LLC lifted its stake in Capital Group Dividend Growers ETF by 21.1% during the 4th quarter. Park Avenue Securities LLC now owns 17,081 shares of the company’s stock valued at $506,000 after acquiring an additional 2,978 shares in the last quarter. Steward Partners Investment Advisory LLC lifted its position in shares of Capital Group Dividend Growers ETF by 33.5% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 25,812 shares of the company’s stock valued at $765,000 after purchasing an additional 6,480 shares in the last quarter. Patriot Financial Group Insurance Agency LLC lifted its position in shares of Capital Group Dividend Growers ETF by 32.5% during the fourth quarter. Patriot Financial Group Insurance Agency LLC now owns 15,391 shares of the company’s stock valued at $456,000 after purchasing an additional 3,776 shares in the last quarter. Wedbush Securities Inc. boosted its holdings in Capital Group Dividend Growers ETF by 95.8% during the fourth quarter. Wedbush Securities Inc. now owns 31,204 shares of the company’s stock worth $925,000 after purchasing an additional 15,270 shares during the last quarter. Finally, Smartleaf Asset Management LLC grew its position in Capital Group Dividend Growers ETF by 16.2% in the 4th quarter. Smartleaf Asset Management LLC now owns 188,456 shares of the company’s stock worth $5,563,000 after purchasing an additional 26,277 shares in the last quarter.

Capital Group Dividend Growers ETF Stock Performance

NYSEARCA:CGDG opened at $28.49 on Tuesday. Capital Group Dividend Growers ETF has a 52 week low of $27.18 and a 52 week high of $31.75. The firm has a 50-day moving average price of $30.97 and a two-hundred day moving average price of $30.54. The firm has a market cap of $1.63 billion, a price-to-earnings ratio of 20.43 and a beta of 0.82.

Capital Group Dividend Growers ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Tuesday, April 1st. Investors of record on Monday, March 31st were given a dividend of $0.1333 per share. The ex-dividend date was Monday, March 31st.

Capital Group Dividend Growers ETF Profile

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.