Allworth Financial LP Acquires 4,374 Shares of Capital Group Dividend Growers ETF $CGDG

Allworth Financial LP boosted its holdings in shares of Capital Group Dividend Growers ETF (NYSEARCA:CGDG) by 295.5% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 5,854 shares of the company’s stock after buying an additional 4,374 shares during the period. Allworth Financial LP’s holdings in Capital Group Dividend Growers ETF were worth $197,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in CGDG. AdvisorNet Financial Inc raised its holdings in shares of Capital Group Dividend Growers ETF by 483.6% in the 2nd quarter. AdvisorNet Financial Inc now owns 1,313 shares of the company’s stock worth $44,000 after acquiring an additional 1,088 shares during the last quarter. Strategic Investment Solutions Inc. IL increased its holdings in Capital Group Dividend Growers ETF by 27.4% during the 1st quarter. Strategic Investment Solutions Inc. IL now owns 1,488 shares of the company’s stock worth $46,000 after purchasing an additional 320 shares in the last quarter. Capital Analysts LLC bought a new stake in Capital Group Dividend Growers ETF during the 1st quarter worth approximately $50,000. Vermillion & White Wealth Management Group LLC purchased a new stake in shares of Capital Group Dividend Growers ETF in the first quarter worth approximately $108,000. Finally, Farther Finance Advisors LLC purchased a new stake in shares of Capital Group Dividend Growers ETF in the second quarter worth approximately $138,000.

Capital Group Dividend Growers ETF Stock Down 0.5%

Shares of NYSEARCA:CGDG opened at $34.68 on Wednesday. The business’s 50 day moving average is $34.83 and its 200 day moving average is $33.87. Capital Group Dividend Growers ETF has a 12-month low of $27.62 and a 12-month high of $35.74. The stock has a market cap of $3.57 billion, a price-to-earnings 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. Shareholders of record on Tuesday, September 30th were issued a dividend of $0.149 per share. This represents a $0.60 dividend on an annualized basis and a yield of 1.7%. The ex-dividend date of this dividend 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.