Capital Group Dividend Growers ETF $CGDG is J. Derek Lewis & Associates Inc.’s 3rd Largest Position

J. Derek Lewis & Associates Inc. grew its holdings in shares of Capital Group Dividend Growers ETF (NYSEARCA:CGDG) by 20.0% during the first quarter, according to the company in its most recent disclosure with the SEC. The fund owned 676,165 shares of the company’s stock after buying an additional 112,824 shares during the quarter. Capital Group Dividend Growers ETF accounts for about 5.4% of J. Derek Lewis & Associates Inc.’s investment portfolio, making the stock its 3rd biggest position. J. Derek Lewis & Associates Inc. owned 0.52% of Capital Group Dividend Growers ETF worth $24,307,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of the business. NewEdge Advisors LLC lifted its stake in shares of Capital Group Dividend Growers ETF by 13.8% during the 1st quarter. NewEdge Advisors LLC now owns 29,206 shares of the company’s stock worth $902,000 after acquiring an additional 3,550 shares during the last quarter. First Trust Advisors LP purchased a new position in Capital Group Dividend Growers ETF during the 2nd quarter valued at $372,000. Sei Investments Co. grew its position in Capital Group Dividend Growers ETF by 2,931.9% in the 2nd quarter. Sei Investments Co. now owns 255,957 shares of the company’s stock valued at $8,608,000 after acquiring an additional 247,515 shares during the last quarter. Main Street Financial Solutions LLC bought a new position in Capital Group Dividend Growers ETF in the 2nd quarter valued at $507,000. Finally, Betterment LLC purchased a new stake in Capital Group Dividend Growers ETF in the second quarter worth $1,130,000.

Capital Group Dividend Growers ETF Stock Up 0.8%

CGDG stock opened at $38.43 on Friday. Capital Group Dividend Growers ETF has a twelve month low of $32.90 and a twelve month high of $38.54. The firm has a market cap of $5.47 billion, a price-to-earnings ratio of 20.18 and a beta of 0.49. The business’s fifty day simple moving average is $37.66 and its two-hundred day simple moving average is $37.11.

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.