Steward Partners Investment Advisory LLC Grows Position in Capital Group Dividend Growers ETF $CGDG

Steward Partners Investment Advisory LLC grew its position in Capital Group Dividend Growers ETF (NYSEARCA:CGDG) by 47.0% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 70,702 shares of the company’s stock after acquiring an additional 22,591 shares during the quarter. Steward Partners Investment Advisory LLC owned 0.08% of Capital Group Dividend Growers ETF worth $2,378,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also modified their holdings of CGDG. Harbour Investments Inc. grew its holdings in shares of Capital Group Dividend Growers ETF by 27.2% in the first quarter. Harbour Investments Inc. now owns 100,956 shares of the company’s stock valued at $3,120,000 after purchasing an additional 21,576 shares in the last quarter. US Bancorp DE purchased a new position in shares of Capital Group Dividend Growers ETF in the 1st quarter worth $2,188,000. Endeavor Private Wealth Inc. increased its holdings in shares of Capital Group Dividend Growers ETF by 23.0% in the 1st quarter. Endeavor Private Wealth Inc. now owns 52,602 shares of the company’s stock worth $1,632,000 after buying an additional 9,824 shares during the last quarter. Commonwealth Equity Services LLC increased its holdings in shares of Capital Group Dividend Growers ETF by 44.3% in the 1st quarter. Commonwealth Equity Services LLC now owns 1,578,331 shares of the company’s stock worth $48,770,000 after buying an additional 484,275 shares during the last quarter. Finally, Strategic Investment Solutions Inc. IL raised its position in shares of Capital Group Dividend Growers ETF by 27.4% during the 1st quarter. Strategic Investment Solutions Inc. IL now owns 1,488 shares of the company’s stock valued at $46,000 after buying an additional 320 shares in the last quarter.

Capital Group Dividend Growers ETF Trading Up 0.4%

Shares of NYSEARCA:CGDG opened at $35.78 on Friday. The company has a market cap of $3.68 billion, a price-to-earnings ratio of 20.18 and a beta of 0.56. Capital Group Dividend Growers ETF has a 12 month low of $27.62 and a 12 month high of $35.79. The company has a 50-day moving average price of $34.90 and a 200 day moving average price of $34.02.

Capital Group Dividend Growers ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, October 1st. Stockholders of record on Tuesday, September 30th were given a dividend of $0.149 per share. The ex-dividend date of this dividend was Tuesday, September 30th. This represents a $0.60 annualized dividend 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.