D.A. Davidson & CO. Has $4.27 Million Position in Capital Group Dividend Growers ETF $CGDG

D.A. Davidson & CO. boosted its holdings in shares of Capital Group Dividend Growers ETF (NYSEARCA:CGDG) by 519.5% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 126,867 shares of the company’s stock after buying an additional 106,388 shares during the period. D.A. Davidson & CO. owned about 0.16% of Capital Group Dividend Growers ETF worth $4,267,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. AdvisorNet Financial Inc boosted its stake in Capital Group Dividend Growers ETF by 483.6% during the second quarter. AdvisorNet Financial Inc now owns 1,313 shares of the company’s stock worth $44,000 after buying an additional 1,088 shares in the last quarter. Allworth Financial LP boosted its stake in Capital Group Dividend Growers ETF by 136.4% during the first quarter. Allworth Financial LP now owns 1,480 shares of the company’s stock worth $46,000 after buying an additional 854 shares in the last quarter. Strategic Investment Solutions Inc. IL boosted its stake in Capital Group Dividend Growers ETF by 27.4% during the first quarter. Strategic Investment Solutions Inc. IL now owns 1,488 shares of the company’s stock worth $46,000 after buying an additional 320 shares in the last quarter. Capital Analysts LLC acquired a new stake in Capital Group Dividend Growers ETF during the first quarter worth $50,000. Finally, Westside Investment Management Inc. boosted its stake in Capital Group Dividend Growers ETF by 556.3% during the first quarter. Westside Investment Management Inc. now owns 2,625 shares of the company’s stock worth $81,000 after buying an additional 2,225 shares in the last quarter.

Capital Group Dividend Growers ETF Price Performance

CGDG opened at $35.17 on Friday. Capital Group Dividend Growers ETF has a fifty-two week low of $27.62 and a fifty-two week high of $35.25. The firm’s fifty day moving average price is $34.50 and its two-hundred day moving average price is $33.23. The company has a market capitalization of $3.59 billion, a P/E ratio of 20.18 and a beta of 0.82.

Capital Group Dividend Growers ETF Cuts Dividend

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

About Capital Group Dividend Growers ETF

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.