Capital Group Dividend Growers ETF $CGDG Shares Acquired by Mayflower Financial Advisors LLC

Mayflower Financial Advisors LLC grew its stake in shares of Capital Group Dividend Growers ETF (NYSEARCA:CGDG) by 45.3% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 82,064 shares of the company’s stock after purchasing an additional 25,580 shares during the period. Mayflower Financial Advisors LLC owned about 0.08% of Capital Group Dividend Growers ETF worth $2,844,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Trust Co. of Vermont purchased a new stake in Capital Group Dividend Growers ETF during the third quarter valued at about $30,000. Sittner & Nelson LLC purchased a new position in shares of Capital Group Dividend Growers ETF in the second quarter worth approximately $34,000. AdvisorNet Financial Inc raised its holdings in shares of 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 purchased a new stake in shares of Capital Group Dividend Growers ETF in the 2nd quarter valued at approximately $138,000. Finally, Allworth Financial LP boosted its stake in 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

NYSEARCA CGDG opened at $35.93 on Friday. The firm’s 50 day moving average price is $35.29 and its two-hundred day moving average price is $34.47. Capital Group Dividend Growers ETF has a twelve month low of $27.62 and a twelve month high of $36.07. The stock has a market cap of $3.70 billion, a price-to-earnings ratio of 20.18 and a beta of 0.56.

Capital Group Dividend Growers ETF Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, December 29th. Investors of record on Friday, December 26th will be given a dividend of $0.1841 per share. The ex-dividend date of this dividend is Friday, December 26th. This is a positive change from Capital Group Dividend Growers ETF’s previous quarterly dividend of $0.15. This represents a $0.74 annualized dividend and a yield of 2.0%.

About Capital Group Dividend Growers ETF

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.