Janney Montgomery Scott LLC Increases Holdings in Capital Group Dividend Growers ETF $CGDG

Janney Montgomery Scott LLC grew its holdings in Capital Group Dividend Growers ETF (NYSEARCA:CGDG) by 26.3% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 196,500 shares of the company’s stock after acquiring an additional 40,881 shares during the period. Janney Montgomery Scott LLC owned about 0.25% of Capital Group Dividend Growers ETF worth $6,608,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also made changes to their positions in CGDG. Advance Capital Management Inc. purchased a new position in shares of Capital Group Dividend Growers ETF in the second quarter valued at about $89,781,000. LPL Financial LLC lifted its position in shares of Capital Group Dividend Growers ETF by 92.6% in the first quarter. LPL Financial LLC now owns 2,737,036 shares of the company’s stock valued at $84,574,000 after acquiring an additional 1,315,981 shares in the last quarter. Envestnet Asset Management Inc. lifted its position in shares of Capital Group Dividend Growers ETF by 25.4% in the first quarter. Envestnet Asset Management Inc. now owns 4,956,279 shares of the company’s stock valued at $153,149,000 after acquiring an additional 1,004,711 shares in the last quarter. Commonwealth Equity Services LLC lifted its position in shares of Capital Group Dividend Growers ETF by 44.3% in the first quarter. Commonwealth Equity Services LLC now owns 1,578,331 shares of the company’s stock valued at $48,770,000 after acquiring an additional 484,275 shares in the last quarter. Finally, Raymond James Financial Inc. lifted its position in shares of Capital Group Dividend Growers ETF by 26.1% in the first quarter. Raymond James Financial Inc. now owns 1,812,588 shares of the company’s stock valued at $56,009,000 after acquiring an additional 374,743 shares in the last quarter.

Capital Group Dividend Growers ETF Trading Up 0.4%

NYSEARCA:CGDG opened at $34.97 on Monday. The company has a market capitalization of $3.43 billion, a P/E ratio of 20.18 and a beta of 0.82. Capital Group Dividend Growers ETF has a 12 month low of $27.62 and a 12 month high of $35.06. The business’s 50-day moving average is $34.16 and its 200 day moving average is $32.82.

Capital Group Dividend Growers ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, October 1st. Investors of record on Tuesday, September 30th were given a $0.149 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date was Tuesday, September 30th.

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.