Jacobi Capital Management LLC Has $2.41 Million Holdings in Capital Group Dividend Growers ETF $CGDG

Jacobi Capital Management LLC lifted its position in Capital Group Dividend Growers ETF (NYSEARCA:CGDG) by 49.5% in the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 69,610 shares of the company’s stock after acquiring an additional 23,038 shares during the quarter. Jacobi Capital Management LLC owned approximately 0.07% of Capital Group Dividend Growers ETF worth $2,412,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. raised its stake in Capital Group Dividend Growers ETF by 37.6% during 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 holdings 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 valued at $181,887,000 after buying an additional 2,579,574 shares in the last quarter. Raymond James Financial Inc. raised its position in Capital Group Dividend Growers ETF by 46.3% during the second quarter. Raymond James Financial Inc. now owns 2,652,387 shares of the company’s stock valued at $89,200,000 after buying an additional 839,799 shares during the period. Commonwealth Equity Services LLC raised its position in Capital Group Dividend Growers ETF by 20.3% during 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 lifted its stake in Capital Group Dividend Growers ETF by 12.8% in the 2nd quarter. Cetera Investment Advisers now owns 1,758,205 shares of the company’s stock worth $59,128,000 after acquiring an additional 199,892 shares in the last quarter.

Capital Group Dividend Growers ETF Trading Up 0.0%

Shares of NYSEARCA CGDG opened at $37.67 on Thursday. Capital Group Dividend Growers ETF has a one year low of $27.62 and a one year high of $38.00. The business has a 50-day moving average price of $36.45 and a two-hundred day moving average price of $35.28. The firm has a market capitalization of $4.54 billion, a PE 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. Investors of record on Friday, December 26th were given a dividend of $0.1841 per share. The ex-dividend date of this dividend was Friday, December 26th. This is a boost 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 2.0%.

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