Onyx Bridge Wealth Group LLC Has $14.11 Million Position in Capital Group Dividend Growers ETF $CGDG

Onyx Bridge Wealth Group LLC raised its holdings in Capital Group Dividend Growers ETF (NYSEARCA:CGDG) by 42.6% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 406,906 shares of the company’s stock after acquiring an additional 121,565 shares during the quarter. Capital Group Dividend Growers ETF comprises 1.5% of Onyx Bridge Wealth Group LLC’s portfolio, making the stock its 14th largest position. Onyx Bridge Wealth Group LLC owned approximately 0.40% of Capital Group Dividend Growers ETF worth $14,107,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Envestnet Asset Management Inc. lifted its stake in shares of Capital Group Dividend Growers ETF by 37.6% in the 3rd quarter. Envestnet Asset Management Inc. now owns 8,036,810 shares of the company’s stock valued at $278,475,000 after purchasing an additional 2,194,089 shares during the period. Advance Capital Management Inc. grew its stake in shares of Capital Group Dividend Growers ETF by 96.6% during the third quarter. Advance Capital Management Inc. now owns 5,249,253 shares of the company’s stock worth $181,887,000 after purchasing an additional 2,579,574 shares during the period. Raymond James Financial Inc. increased its holdings in Capital Group Dividend Growers ETF by 46.3% in the second quarter. Raymond James Financial Inc. now owns 2,652,387 shares of the company’s stock valued at $89,200,000 after purchasing an additional 839,799 shares during the last quarter. Commonwealth Equity Services LLC lifted its stake in Capital Group Dividend Growers ETF by 20.3% in the second quarter. Commonwealth Equity Services LLC now owns 1,898,865 shares of the company’s stock valued at $63,859,000 after buying an additional 320,534 shares during the period. Finally, Cetera Investment Advisers boosted its holdings in Capital Group Dividend Growers ETF by 12.8% during the second quarter. Cetera Investment Advisers now owns 1,758,205 shares of the company’s stock worth $59,128,000 after buying an additional 199,892 shares during the last quarter.

Capital Group Dividend Growers ETF Trading Up 0.6%

Capital Group Dividend Growers ETF stock opened at $37.83 on Thursday. The firm has a market capitalization of $4.56 billion, a P/E ratio of 20.18 and a beta of 0.56. The business has a 50-day moving average of $36.23 and a 200-day moving average of $35.14. Capital Group Dividend Growers ETF has a 1 year low of $27.62 and a 1 year high of $37.87.

Capital Group Dividend Growers ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, December 29th. Investors of record on Friday, December 26th were issued a dividend of $0.1841 per share. This is an increase from Capital Group Dividend Growers ETF’s previous quarterly dividend of $0.15. This represents a $0.74 dividend on an annualized basis and a yield of 1.9%. The ex-dividend date was Friday, December 26th.

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.