A&I Financial Services LLC Invests $579,000 in Capital Group Dividend Growers ETF (NYSEARCA:CGDG)

A&I Financial Services LLC acquired a new position in Capital Group Dividend Growers ETF (NYSEARCA:CGDG) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 19,525 shares of the company’s stock, valued at approximately $579,000. Capital Group Dividend Growers ETF makes up 0.6% of A&I Financial Services LLC’s holdings, making the stock its 26th largest holding. A&I Financial Services LLC owned 0.17% of Capital Group Dividend Growers ETF as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Stonebridge Financial Group LLC purchased a new stake in shares of Capital Group Dividend Growers ETF in the 4th quarter valued at about $59,000. IFP Advisors Inc increased its position in shares of Capital Group Dividend Growers ETF by 8.7% in the fourth quarter. IFP Advisors Inc now owns 5,484 shares of the company’s stock worth $163,000 after purchasing an additional 438 shares during the last quarter. Creative Financial Designs Inc. ADV raised its stake in Capital Group Dividend Growers ETF by 139.9% in the third quarter. Creative Financial Designs Inc. ADV now owns 6,407 shares of the company’s stock valued at $197,000 after purchasing an additional 3,736 shares in the last quarter. Moloney Securities Asset Management LLC bought a new stake in Capital Group Dividend Growers ETF during the fourth quarter valued at approximately $211,000. Finally, Beta Wealth Group Inc. purchased a new position in Capital Group Dividend Growers ETF in the 3rd quarter worth approximately $226,000.

Capital Group Dividend Growers ETF Price Performance

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

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.