Capital Group Dividend Growers ETF $CGDG Stock Holdings Lifted by Advance Capital Management Inc.

Advance Capital Management Inc. grew its stake in Capital Group Dividend Growers ETF (NYSEARCA:CGDG) by 2.4% during the fourth quarter, HoldingsChannel reports. The firm owned 5,373,945 shares of the company’s stock after purchasing an additional 124,692 shares during the quarter. Capital Group Dividend Growers ETF comprises approximately 8.1% of Advance Capital Management Inc.’s portfolio, making the stock its 5th biggest holding. Advance Capital Management Inc.’s holdings in Capital Group Dividend Growers ETF were worth $191,527,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of CGDG. Trust Co. of Vermont acquired a new stake in shares of Capital Group Dividend Growers ETF during the third quarter worth $30,000. Ameriflex Group Inc. acquired a new position in Capital Group Dividend Growers ETF in the 3rd quarter valued at $33,000. Ancora Advisors LLC purchased a new position in Capital Group Dividend Growers ETF during the 3rd quarter worth $48,000. Strategic Investment Solutions Inc. IL raised its position in Capital Group Dividend Growers ETF by 35.8% during the 3rd quarter. Strategic Investment Solutions Inc. IL now owns 2,238 shares of the company’s stock worth $78,000 after buying an additional 590 shares during the last quarter. Finally, JPMorgan Chase & Co. lifted its stake in shares of Capital Group Dividend Growers ETF by 65.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 4,167 shares of the company’s stock worth $144,000 after acquiring an additional 1,645 shares during the period.

Capital Group Dividend Growers ETF Stock Up 0.0%

Shares of NYSEARCA:CGDG opened at $35.66 on Friday. The company has a market cap of $4.30 billion, a price-to-earnings ratio of 20.18 and a beta of 0.56. The firm’s 50-day simple moving average is $36.88 and its 200-day simple moving average is $35.70. Capital Group Dividend Growers ETF has a fifty-two week low of $27.62 and a fifty-two week high of $38.00.

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 given a $0.1841 dividend. The ex-dividend date was Friday, December 26th. 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 2.1%.

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.