Wealthcare Advisory Partners LLC Acquires New Shares in Capital Group Dividend Growers ETF $CGDG

Wealthcare Advisory Partners LLC acquired a new stake in shares of Capital Group Dividend Growers ETF (NYSEARCA:CGDG) during the second quarter, according to its most recent filing with the SEC. The fund acquired 7,993 shares of the company’s stock, valued at approximately $269,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Stratos Wealth Partners LTD. purchased a new stake in shares of Capital Group Dividend Growers ETF in the 1st quarter valued at about $381,000. Smartleaf Asset Management LLC raised its holdings in shares of Capital Group Dividend Growers ETF by 93.9% in the 1st quarter. Smartleaf Asset Management LLC now owns 365,401 shares of the company’s stock valued at $11,309,000 after acquiring an additional 176,945 shares in the last quarter. Seamount Financial Group Inc. raised its holdings in shares of Capital Group Dividend Growers ETF by 4.6% in the 1st quarter. Seamount Financial Group Inc. now owns 45,110 shares of the company’s stock valued at $1,394,000 after acquiring an additional 2,001 shares in the last quarter. Westside Investment Management Inc. raised its holdings in shares of Capital Group Dividend Growers ETF by 556.3% in the 1st quarter. Westside Investment Management Inc. now owns 2,625 shares of the company’s stock valued at $81,000 after acquiring an additional 2,225 shares in the last quarter. Finally, Mayflower Financial Advisors LLC raised its holdings in shares of Capital Group Dividend Growers ETF by 5.3% in the 1st quarter. Mayflower Financial Advisors LLC now owns 55,816 shares of the company’s stock valued at $1,725,000 after acquiring an additional 2,814 shares in the last quarter.

Capital Group Dividend Growers ETF Stock Down 2.0%

NYSEARCA:CGDG opened at $34.04 on Friday. The business’s 50-day moving average price is $34.28 and its two-hundred day moving average price is $32.91. Capital Group Dividend Growers ETF has a twelve month low of $27.62 and a twelve month high of $35.08. The stock has a market cap of $3.37 billion, a P/E ratio of 20.18 and a beta of 0.82.

Capital Group Dividend Growers ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, October 1st. Shareholders of record on Tuesday, September 30th were issued a $0.149 dividend. The ex-dividend date of this dividend was Tuesday, September 30th. This represents a $0.60 annualized dividend and a dividend yield of 1.8%.

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.