Capital Group Dividend Growers ETF $CGDG Shares Purchased by Allworth Financial LP

Allworth Financial LP increased its holdings in shares of Capital Group Dividend Growers ETF (NYSEARCA:CGDG) by 34.5% during the 2nd quarter, Holdings Channel reports. The institutional investor owned 59,620 shares of the company’s stock after purchasing an additional 15,304 shares during the period. Allworth Financial LP’s holdings in Capital Group Dividend Growers ETF were worth $2,236,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in CGDG. Trinity Wealth Management LLC increased its holdings in shares of Capital Group Dividend Growers ETF by 2.1% during the second quarter. Trinity Wealth Management LLC now owns 13,403 shares of the company’s stock valued at $503,000 after acquiring an additional 271 shares in the last quarter. Concorde Asset Management LLC increased its stake in Capital Group Dividend Growers ETF by 3.9% during the 4th quarter. Concorde Asset Management LLC now owns 7,944 shares of the company’s stock valued at $283,000 after purchasing an additional 295 shares in the last quarter. Signature Estate & Investment Advisors LLC increased its stake in Capital Group Dividend Growers ETF by 2.3% during the 4th quarter. Signature Estate & Investment Advisors LLC now owns 13,787 shares of the company’s stock valued at $491,000 after purchasing an additional 307 shares in the last quarter. Summit Global Investments raised its holdings in shares of Capital Group Dividend Growers ETF by 1.9% in the first quarter. Summit Global Investments now owns 17,452 shares of the company’s stock worth $627,000 after buying an additional 317 shares during the last quarter. Finally, Sunbelt Securities Inc. raised its holdings in shares of Capital Group Dividend Growers ETF by 17.3% in the first quarter. Sunbelt Securities Inc. now owns 2,698 shares of the company’s stock worth $97,000 after buying an additional 398 shares during the last quarter.

Capital Group Dividend Growers ETF Trading Up 0.5%

NYSEARCA:CGDG opened at $38.28 on Friday. The company has a market capitalization of $5.51 billion, a P/E ratio of 20.18 and a beta of 0.48. Capital Group Dividend Growers ETF has a 12 month low of $34.04 and a 12 month high of $39.15. The firm has a fifty day simple moving average of $38.42 and a 200-day simple moving average of $37.48.

Capital Group Dividend Growers ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, July 1st. Shareholders of record on Tuesday, June 30th were paid a dividend of $0.3865 per share. This represents a $1.55 annualized dividend and a yield of 4.0%. The ex-dividend date was Tuesday, June 30th. This is a boost from Capital Group Dividend Growers ETF’s previous quarterly dividend of $0.14.

Capital Group Dividend Growers ETF Company 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.