Cwm LLC Buys 1,174 Shares of Capital Group Dividend Growers ETF $CGDG

Cwm LLC raised its holdings in Capital Group Dividend Growers ETF (NYSEARCA:CGDG) by 21.6% in the second quarter, according to the company in its most recent disclosure with the SEC. The fund owned 6,615 shares of the company’s stock after buying an additional 1,174 shares during the quarter. Cwm LLC’s holdings in Capital Group Dividend Growers ETF were worth $222,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in CGDG. Sovran Advisors LLC purchased a new stake in Capital Group Dividend Growers ETF in the first quarter valued at about $497,000. Ameritas Advisory Services LLC raised its stake in Capital Group Dividend Growers ETF by 6.3% in the first quarter. Ameritas Advisory Services LLC now owns 125,797 shares of the company’s stock valued at $3,830,000 after buying an additional 7,431 shares during the last quarter. Westside Investment Management Inc. raised its stake in Capital Group Dividend Growers ETF by 556.3% in the first quarter. Westside Investment Management Inc. now owns 2,625 shares of the company’s stock valued at $81,000 after buying an additional 2,225 shares during the last quarter. Koshinski Asset Management Inc. raised its stake in Capital Group Dividend Growers ETF by 64.7% in the first quarter. Koshinski Asset Management Inc. now owns 42,641 shares of the company’s stock valued at $1,318,000 after buying an additional 16,746 shares during the last quarter. Finally, Private Trust Co. NA raised its stake in Capital Group Dividend Growers ETF by 33.3% in the first quarter. Private Trust Co. NA now owns 12,129 shares of the company’s stock valued at $375,000 after buying an additional 3,029 shares during the last quarter.

Capital Group Dividend Growers ETF Stock Performance

Capital Group Dividend Growers ETF stock opened at $35.32 on Wednesday. The stock has a 50-day moving average of $34.55 and a two-hundred day moving average of $33.38. Capital Group Dividend Growers ETF has a one year low of $27.62 and a one year high of $35.43. The stock has a market cap of $3.57 billion, a PE ratio of 20.18 and a beta of 0.56.

Capital Group Dividend Growers ETF Cuts Dividend

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

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.