Bare Financial Services Inc Purchases 26,924 Shares of Capital Group Dividend Growers ETF $CGDG

Bare Financial Services Inc increased its position in shares of Capital Group Dividend Growers ETF (NYSEARCA:CGDG) by 199.4% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 40,424 shares of the company’s stock after buying an additional 26,924 shares during the quarter. Capital Group Dividend Growers ETF accounts for about 0.4% of Bare Financial Services Inc’s portfolio, making the stock its 26th biggest holding. Bare Financial Services Inc’s holdings in Capital Group Dividend Growers ETF were worth $1,441,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the company. Envestnet Asset Management Inc. grew its holdings in shares of Capital Group Dividend Growers ETF by 37.6% during the third quarter. Envestnet Asset Management Inc. now owns 8,036,810 shares of the company’s stock worth $278,475,000 after buying an additional 2,194,089 shares in the last quarter. Advance Capital Management Inc. grew its stake in Capital Group Dividend Growers ETF by 2.4% in the fourth quarter. Advance Capital Management Inc. now owns 5,373,945 shares of the company’s stock valued at $191,527,000 after purchasing an additional 124,692 shares in the last quarter. Capital Group Private Client Services Inc. grew its stake in Capital Group Dividend Growers ETF by 15.7% in the third quarter. Capital Group Private Client Services Inc. now owns 4,719,675 shares of the company’s stock valued at $163,537,000 after purchasing an additional 640,905 shares in the last quarter. Raymond James Financial Inc. grew its stake in Capital Group Dividend Growers ETF by 33.7% in the third quarter. Raymond James Financial Inc. now owns 3,547,167 shares of the company’s stock valued at $122,909,000 after purchasing an additional 894,780 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. grew its stake in Capital Group Dividend Growers ETF by 166.0% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 2,011,123 shares of the company’s stock valued at $77,024,000 after purchasing an additional 1,255,064 shares in the last quarter.

Capital Group Dividend Growers ETF Stock Up 0.1%

CGDG stock opened at $37.54 on Friday. The business has a 50 day moving average price of $36.63 and a two-hundred day moving average price of $36.34. The company has a market cap of $4.92 billion, a price-to-earnings ratio of 20.18 and a beta of 0.53. Capital Group Dividend Growers ETF has a twelve month low of $32.00 and a twelve month high of $38.00.

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. CGDG was launched on Sep 26, 2023 and is issued by Capital Group.