Ameritas Advisory Services LLC Decreases Holdings in Capital Group Dividend Growers ETF $CGDG

Ameritas Advisory Services LLC decreased its position in Capital Group Dividend Growers ETF (NYSEARCA:CGDG) by 33.1% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 62,557 shares of the company’s stock after selling 30,939 shares during the quarter. Ameritas Advisory Services LLC’s holdings in Capital Group Dividend Growers ETF were worth $2,168,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Trust Co. of Vermont purchased a new position in shares of Capital Group Dividend Growers ETF during the third quarter worth approximately $30,000. Sittner & Nelson LLC purchased a new stake in shares of Capital Group Dividend Growers ETF in the 2nd quarter valued at $34,000. Allworth Financial LP grew its holdings in shares of Capital Group Dividend Growers ETF by 295.5% during the 2nd quarter. Allworth Financial LP now owns 5,854 shares of the company’s stock valued at $197,000 after purchasing an additional 4,374 shares during the last quarter. TCP Asset Management LLC bought a new position in shares of Capital Group Dividend Growers ETF during the 2nd quarter valued at $203,000. Finally, Centaurus Financial Inc. raised its position in Capital Group Dividend Growers ETF by 11.3% in the 2nd quarter. Centaurus Financial Inc. now owns 6,331 shares of the company’s stock worth $213,000 after purchasing an additional 642 shares during the period.

Capital Group Dividend Growers ETF Stock Up 0.1%

Capital Group Dividend Growers ETF stock opened at $37.69 on Friday. The firm has a fifty day simple moving average of $36.32 and a two-hundred day simple moving average of $35.18. Capital Group Dividend Growers ETF has a twelve month low of $27.62 and a twelve month high of $38.00. The company 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 announced a quarterly dividend, which was paid on Monday, December 29th. Stockholders of record on Friday, December 26th were paid a $0.1841 dividend. This is a boost from Capital Group Dividend Growers ETF’s previous quarterly dividend of $0.15. The ex-dividend date of this dividend was Friday, December 26th. This represents a $0.74 dividend on an annualized basis and a dividend yield of 2.0%.

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.