Ameritas Advisory Services LLC Increases Stock Holdings in Capital Group Dividend Growers ETF (NYSEARCA:CGDG)

Ameritas Advisory Services LLC increased its holdings in Capital Group Dividend Growers ETF (NYSEARCA:CGDG) by 39.8% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 84,398 shares of the company’s stock after buying an additional 24,011 shares during the period. Ameritas Advisory Services LLC owned about 0.73% of Capital Group Dividend Growers ETF worth $2,401,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in CGDG. Sunbelt Securities Inc. purchased a new stake in shares of Capital Group Dividend Growers ETF in the first quarter valued at about $66,000. Larson Financial Group LLC increased its position in Capital Group Dividend Growers ETF by 92.1% during the first quarter. Larson Financial Group LLC now owns 3,650 shares of the company’s stock worth $104,000 after buying an additional 1,750 shares in the last quarter. Continuum Advisory LLC acquired a new position in shares of Capital Group Dividend Growers ETF in the second quarter worth $200,000. Trueblood Wealth Management LLC purchased a new stake in shares of Capital Group Dividend Growers ETF in the first quarter valued at $227,000. Finally, Cetera Advisors LLC acquired a new stake in shares of Capital Group Dividend Growers ETF during the first quarter valued at $251,000.

Capital Group Dividend Growers ETF Price Performance

Capital Group Dividend Growers ETF stock remained flat at $30.24 during midday trading on Thursday. The company had a trading volume of 246,519 shares, compared to its average volume of 265,177. The company’s 50-day moving average is $29.12 and its 200-day moving average is $28.58. Capital Group Dividend Growers ETF has a 1 year low of $24.01 and a 1 year high of $30.36. The firm has a market capitalization of $350.78 million, a P/E ratio of 17.10 and a beta of 0.82.

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.