Benjamin F. Edwards & Company Inc. Makes New $976,000 Investment in Capital Group Dividend Growers ETF (NYSEARCA:CGDG)

Benjamin F. Edwards & Company Inc. acquired a new position in shares of Capital Group Dividend Growers ETF (NYSEARCA:CGDG) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 35,917 shares of the company’s stock, valued at approximately $976,000.

Several other institutional investors also recently bought and sold shares of the business. Pillar Wealth Advisors LLC purchased a new stake in Capital Group Dividend Growers ETF during the fourth quarter worth approximately $889,000. Valmark Advisers Inc. purchased a new position in shares of Capital Group Dividend Growers ETF in the fourth quarter valued at $7,641,000. Larson Financial Group LLC purchased a new position in shares of Capital Group Dividend Growers ETF in the fourth quarter valued at $52,000. Confluence Wealth Services Inc. purchased a new position in shares of Capital Group Dividend Growers ETF in the fourth quarter valued at $16,951,000. Finally, Tempus Wealth Planning LLC purchased a new position in shares of Capital Group Dividend Growers ETF in the fourth quarter valued at $211,000.

Capital Group Dividend Growers ETF Trading Up 0.6 %

Shares of CGDG stock opened at $28.42 on Tuesday. The company has a market capitalization of $258.58 million, a PE ratio of 17.38 and a beta of 0.78. The firm has a fifty day simple moving average of $28.09 and a 200-day simple moving average of $27.02. Capital Group Dividend Growers ETF has a twelve month low of $24.01 and a twelve month high of $28.70.

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.