Dynamic Advisor Solutions LLC Sells 5,935 Shares of Capital Group Dividend Growers ETF $CGDG

Dynamic Advisor Solutions LLC lowered its position in shares of Capital Group Dividend Growers ETF (NYSEARCA:CGDG) by 10.8% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 49,093 shares of the company’s stock after selling 5,935 shares during the period. Dynamic Advisor Solutions LLC owned about 0.06% of Capital Group Dividend Growers ETF worth $1,651,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Stratos Wealth Partners LTD. bought a new stake in Capital Group Dividend Growers ETF during the first quarter worth about $381,000. Seamount Financial Group Inc. lifted its stake in 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 worth $1,394,000 after purchasing an additional 2,001 shares during the last quarter. Smartleaf Asset Management LLC lifted its stake in 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 worth $11,309,000 after purchasing an additional 176,945 shares during the last quarter. Westside Investment Management Inc. lifted 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 purchasing an additional 2,225 shares during the last quarter. Finally, Mayflower Financial Advisors LLC lifted its stake in Capital Group Dividend Growers ETF by 5.3% during the first quarter. Mayflower Financial Advisors LLC now owns 55,816 shares of the company’s stock worth $1,725,000 after purchasing an additional 2,814 shares during the last quarter.

Capital Group Dividend Growers ETF Stock Up 0.1%

Shares of CGDG stock opened at $34.63 on Friday. The business has a 50-day moving average price of $34.01 and a two-hundred day moving average price of $32.52. Capital Group Dividend Growers ETF has a 12-month low of $27.62 and a 12-month high of $34.87. The firm has a market cap of $2.90 billion, a P/E ratio of 20.18 and a beta of 0.82.

Capital Group Dividend Growers ETF Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, July 1st. Stockholders of record on Monday, June 30th were issued a $0.2291 dividend. The ex-dividend date was Monday, June 30th. This represents a $0.92 annualized dividend and a dividend yield of 2.6%.

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.