Capital Group Dividend Growers ETF $CGDG Shares Bought by Kintra Wealth LLC

Kintra Wealth LLC grew its holdings in Capital Group Dividend Growers ETF (NYSEARCA:CGDG) by 158.2% in the second quarter, according to its most recent disclosure with the SEC. The fund owned 46,706 shares of the company’s stock after buying an additional 28,620 shares during the period. Kintra Wealth LLC’s holdings in Capital Group Dividend Growers ETF were worth $1,825,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in the business. LPL Financial LLC raised its stake in Capital Group Dividend Growers ETF by 25.0% during the 4th quarter. LPL Financial LLC now owns 9,651,113 shares of the company’s stock valued at $343,966,000 after acquiring an additional 1,929,512 shares during the last quarter. Wells Fargo & Company MN raised its stake in shares of Capital Group Dividend Growers ETF by 146.0% during the fourth quarter. Wells Fargo & Company MN now owns 2,755,585 shares of the company’s stock worth $98,209,000 after purchasing an additional 1,635,584 shares during the last quarter. Valmark Advisers Inc. lifted its stake in shares of Capital Group Dividend Growers ETF by 186.1% in the 1st quarter. Valmark Advisers Inc. now owns 2,079,344 shares of the company’s stock worth $74,648,000 after acquiring an additional 1,352,510 shares during the period. Northwestern Mutual Wealth Management Co. lifted its stake in shares of Capital Group Dividend Growers ETF by 166.0% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 2,011,123 shares of the company’s stock worth $77,024,000 after acquiring an additional 1,255,064 shares during the period. Finally, Jane Street Group LLC boosted its holdings in shares of Capital Group Dividend Growers ETF by 1,837.3% in the fourth quarter. Jane Street Group LLC now owns 960,000 shares of the company’s stock valued at $34,214,000 after acquiring an additional 910,447 shares in the last quarter.

Capital Group Dividend Growers ETF Stock Down 0.4%

Shares of Capital Group Dividend Growers ETF stock opened at $38.67 on Friday. Capital Group Dividend Growers ETF has a 52-week low of $34.04 and a 52-week high of $39.15. The company’s 50-day simple moving average is $38.36 and its 200-day simple moving average is $37.46. The firm has a market cap of $5.57 billion, a price-to-earnings ratio of 20.18 and a beta of 0.48.

Capital Group Dividend Growers ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, July 1st. Investors of record on Tuesday, June 30th were given a $0.3865 dividend. The ex-dividend date was Tuesday, June 30th. This is an increase from Capital Group Dividend Growers ETF’s previous quarterly dividend of $0.14. This represents a $1.55 dividend on an annualized basis and a yield of 4.0%.

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. CGDG was launched on Sep 26, 2023 and is issued by Capital Group.