Stratos Wealth Partners LTD. Has $4.04 Million Stake in Capital Group Dividend Growers ETF $CGDG

Stratos Wealth Partners LTD. grew its position in Capital Group Dividend Growers ETF (NYSEARCA:CGDG) by 151.1% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 116,456 shares of the company’s stock after purchasing an additional 70,076 shares during the quarter. Stratos Wealth Partners LTD. owned approximately 0.11% of Capital Group Dividend Growers ETF worth $4,035,000 as of its most recent filing with the SEC.

Several other large investors also recently modified their holdings of the company. Centaurus Financial Inc. boosted its position in Capital Group Dividend Growers ETF by 11.3% during the second quarter. Centaurus Financial Inc. now owns 6,331 shares of the company’s stock valued at $213,000 after acquiring an additional 642 shares during the last quarter. Mayflower Financial Advisors LLC raised its position in shares of Capital Group Dividend Growers ETF by 1.2% in the 2nd quarter. Mayflower Financial Advisors LLC now owns 56,484 shares of the company’s stock worth $1,900,000 after acquiring an additional 668 shares in the last quarter. Sowell Financial Services LLC lifted its stake in shares of Capital Group Dividend Growers ETF by 1.5% in the 3rd quarter. Sowell Financial Services LLC now owns 47,517 shares of the company’s stock valued at $1,646,000 after purchasing an additional 685 shares during the period. D.A. Davidson & CO. boosted its position in shares of Capital Group Dividend Growers ETF by 0.6% during the 3rd quarter. D.A. Davidson & CO. now owns 127,647 shares of the company’s stock valued at $4,423,000 after purchasing an additional 780 shares in the last quarter. Finally, Trust Co. of Vermont bought a new stake in shares of Capital Group Dividend Growers ETF during the 3rd quarter valued at about $30,000.

Capital Group Dividend Growers ETF Stock Performance

Shares of CGDG stock opened at $37.69 on Friday. Capital Group Dividend Growers ETF has a fifty-two week low of $27.62 and a fifty-two week high of $38.00. The stock has a 50 day simple moving average of $36.32 and a two-hundred day simple moving average of $35.18. The company has a market cap of $4.54 billion, a P/E ratio of 20.18 and a beta of 0.56.

Capital Group Dividend Growers ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 29th. Stockholders of record on Friday, December 26th were paid a $0.1841 dividend. The ex-dividend date was Friday, December 26th. This represents a $0.74 annualized dividend and a dividend yield of 2.0%. This is an increase from Capital Group Dividend Growers ETF’s previous quarterly dividend of $0.15.

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