Moloney Securities Asset Management LLC Invests $211,000 in Capital Group Dividend Growers ETF (NYSEARCA:CGDG)

Moloney Securities Asset Management LLC acquired a new stake in Capital Group Dividend Growers ETF (NYSEARCA:CGDG) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 7,118 shares of the company’s stock, valued at approximately $211,000. Moloney Securities Asset Management LLC owned 0.06% of Capital Group Dividend Growers ETF at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Strategic Investment Solutions Inc. IL acquired a new stake in shares of Capital Group Dividend Growers ETF during the 3rd quarter worth about $36,000. Creative Financial Designs Inc. ADV lifted its stake in Capital Group Dividend Growers ETF by 139.9% during the third quarter. Creative Financial Designs Inc. ADV now owns 6,407 shares of the company’s stock worth $197,000 after purchasing an additional 3,736 shares in the last quarter. New Century Financial Group LLC purchased a new position in shares of Capital Group Dividend Growers ETF during the third quarter worth $211,000. Beta Wealth Group Inc. acquired a new stake in shares of Capital Group Dividend Growers ETF in the third quarter valued at $226,000. Finally, Sanctuary Advisors LLC purchased a new stake in shares of Capital Group Dividend Growers ETF in the 3rd quarter valued at $230,000.

Capital Group Dividend Growers ETF Trading Up 0.3 %

CGDG opened at $31.21 on Wednesday. The firm has a market cap of $362.04 million, a price-to-earnings ratio of 17.10 and a beta of 0.82. The stock’s 50-day moving average price is $30.16 and its 200 day moving average price is $30.15. Capital Group Dividend Growers ETF has a 12-month low of $26.91 and a 12-month high of $31.28.

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.