Ameritas Advisory Services LLC Sells 30,939 Shares of Capital Group Dividend Growers ETF $CGDG

Ameritas Advisory Services LLC reduced its position in shares of Capital Group Dividend Growers ETF (NYSEARCA:CGDG) by 33.1% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 62,557 shares of the company’s stock after selling 30,939 shares during the period. Ameritas Advisory Services LLC owned approximately 0.06% of Capital Group Dividend Growers ETF worth $2,168,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in CGDG. Trust Co. of Vermont bought a new stake in shares of Capital Group Dividend Growers ETF during the 3rd quarter valued at about $30,000. Sittner & Nelson LLC purchased a new stake in Capital Group Dividend Growers ETF in the second quarter valued at approximately $34,000. Allworth Financial LP raised its stake in Capital Group Dividend Growers ETF by 295.5% in the second quarter. Allworth Financial LP now owns 5,854 shares of the company’s stock valued at $197,000 after purchasing an additional 4,374 shares in the last quarter. TCP Asset Management LLC bought a new stake in Capital Group Dividend Growers ETF during the second quarter valued at approximately $203,000. Finally, Centaurus Financial Inc. grew its stake in Capital Group Dividend Growers ETF by 11.3% in the 2nd quarter. Centaurus Financial Inc. now owns 6,331 shares of the company’s stock worth $213,000 after buying an additional 642 shares in the last quarter.

Capital Group Dividend Growers ETF Price Performance

Shares of NYSEARCA:CGDG opened at $37.69 on Friday. The company’s fifty day moving average price is $36.32 and its 200-day moving average price is $35.18. The firm has a market capitalization of $4.54 billion, a price-to-earnings ratio of 20.18 and a beta of 0.56. Capital Group Dividend Growers ETF has a one year low of $27.62 and a one year high of $38.00.

Capital Group Dividend Growers ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, December 29th. Shareholders of record on Friday, December 26th were given a dividend of $0.1841 per share. The ex-dividend date was Friday, December 26th. This is a positive change from Capital Group Dividend Growers ETF’s previous quarterly dividend of $0.15. This represents a $0.74 dividend on an annualized basis and a yield of 2.0%.

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.