Stratos Wealth Partners LTD. Increases Stock Position in Capital Group Dividend Growers ETF $CGDG

Stratos Wealth Partners LTD. increased its position in shares of Capital Group Dividend Growers ETF (NYSEARCA:CGDG) by 151.1% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 116,456 shares of the company’s stock after purchasing an additional 70,076 shares during the quarter. Stratos Wealth Partners LTD.’s holdings in Capital Group Dividend Growers ETF were worth $4,035,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the company. Trust Co. of Vermont purchased a new stake in Capital Group Dividend Growers ETF in the 3rd quarter valued at about $30,000. Sittner & Nelson LLC bought a new position in shares of Capital Group Dividend Growers ETF in the second quarter valued at approximately $34,000. Allworth Financial LP increased its position in shares of Capital Group Dividend Growers ETF by 295.5% during the second quarter. Allworth Financial LP now owns 5,854 shares of the company’s stock valued at $197,000 after acquiring an additional 4,374 shares during the last quarter. TCP Asset Management LLC purchased a new stake in shares of Capital Group Dividend Growers ETF during the second quarter valued at approximately $203,000. Finally, Centaurus Financial Inc. lifted its holdings in Capital Group Dividend Growers ETF by 11.3% during the second quarter. Centaurus Financial Inc. now owns 6,331 shares of the company’s stock worth $213,000 after acquiring an additional 642 shares during the period.

Capital Group Dividend Growers ETF Trading Up 0.1%

CGDG stock opened at $37.69 on Friday. The stock has a market cap of $4.54 billion, a P/E ratio of 20.18 and a beta of 0.56. The stock’s fifty day simple moving average is $36.32 and its two-hundred day simple moving average is $35.18. Capital Group Dividend Growers ETF has a 1-year low of $27.62 and a 1-year high of $38.00.

Capital Group Dividend Growers ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, December 29th. Investors of record on Friday, December 26th were issued a $0.1841 dividend. This is an increase 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.