Benjamin Edwards Inc. Grows Stock Position in Capital Group Dividend Growers ETF $CGDG

Benjamin Edwards Inc. grew its stake in shares of Capital Group Dividend Growers ETF (NYSEARCA:CGDG) by 23.1% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 598,370 shares of the company’s stock after acquiring an additional 112,201 shares during the quarter. Benjamin Edwards Inc.’s holdings in Capital Group Dividend Growers ETF were worth $20,733,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Trust Co. of Vermont purchased a new stake in shares of Capital Group Dividend Growers ETF during the 3rd quarter valued at $30,000. Sittner & Nelson LLC acquired a new position in Capital Group Dividend Growers ETF in the second quarter valued at $34,000. AdvisorNet Financial Inc grew its position in Capital Group Dividend Growers ETF by 483.6% during the second quarter. AdvisorNet Financial Inc now owns 1,313 shares of the company’s stock valued at $44,000 after acquiring an additional 1,088 shares during the period. Farther Finance Advisors LLC acquired a new stake in Capital Group Dividend Growers ETF during the second quarter worth about $138,000. Finally, Allworth Financial LP raised its holdings in shares of Capital Group Dividend Growers ETF by 295.5% in the 2nd quarter. Allworth Financial LP now owns 5,854 shares of the company’s stock worth $197,000 after purchasing an additional 4,374 shares during the period.

Capital Group Dividend Growers ETF Stock Performance

Shares of NYSEARCA:CGDG opened at $36.10 on Thursday. The stock has a market capitalization of $4.04 billion, a P/E ratio of 20.18 and a beta of 0.56. Capital Group Dividend Growers ETF has a 1 year low of $27.62 and a 1 year high of $36.39. The stock has a 50-day simple moving average of $35.43 and a 200-day simple moving average of $34.63.

Capital Group Dividend Growers ETF Increases Dividend

The firm also recently announced 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 represents a $0.74 annualized dividend and a dividend yield of 2.0%. The ex-dividend date was Friday, December 26th. This is a positive change 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.