8,875 Shares in Capital Group Dividend Growers ETF $CGDG Acquired by Stephens Inc. AR

Stephens Inc. AR purchased a new stake in shares of Capital Group Dividend Growers ETF (NYSEARCA:CGDG) during the second quarter, Holdings Channel.com reports. The firm purchased 8,875 shares of the company’s stock, valued at approximately $298,000.

Other hedge funds have also bought and sold shares of the company. Stratos Wealth Partners LTD. purchased a new stake in shares of Capital Group Dividend Growers ETF during the first quarter valued at $381,000. Smartleaf Asset Management LLC grew its holdings in shares of Capital Group Dividend Growers ETF by 93.9% during the first quarter. Smartleaf Asset Management LLC now owns 365,401 shares of the company’s stock valued at $11,309,000 after buying an additional 176,945 shares during the last quarter. Seamount Financial Group Inc. grew its holdings in shares of Capital Group Dividend Growers ETF by 4.6% during the first quarter. Seamount Financial Group Inc. now owns 45,110 shares of the company’s stock valued at $1,394,000 after buying an additional 2,001 shares during the last quarter. Advance Capital Management Inc. purchased a new stake in shares of Capital Group Dividend Growers ETF during the second quarter valued at $89,781,000. Finally, Westside Investment Management Inc. grew its holdings in shares of 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 valued at $81,000 after buying an additional 2,225 shares during the last quarter.

Capital Group Dividend Growers ETF Price Performance

Shares of CGDG opened at $35.17 on Monday. The firm has a market capitalization of $3.59 billion, a PE ratio of 20.18 and a beta of 0.82. Capital Group Dividend Growers ETF has a 1-year low of $27.62 and a 1-year high of $35.25. The company’s fifty day moving average price is $34.50 and its 200-day moving average price is $33.29.

Capital Group Dividend Growers ETF Cuts Dividend

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

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.