Capital Group Dividend Growers ETF $CGDG Shares Purchased by Kintra Wealth LLC

Kintra Wealth LLC boosted its holdings in Capital Group Dividend Growers ETF (NYSEARCA:CGDG) by 158.2% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 46,706 shares of the company’s stock after acquiring an additional 28,620 shares during the quarter. Kintra Wealth LLC’s holdings in Capital Group Dividend Growers ETF were worth $1,825,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of CGDG. Capital International Investors grew its stake in shares of Capital Group Dividend Growers ETF by 0.8% during the 4th quarter. Capital International Investors now owns 17,255,942 shares of the company’s stock worth $615,002,000 after purchasing an additional 140,767 shares during the period. LPL Financial LLC increased its holdings in shares of Capital Group Dividend Growers ETF by 25.0% in the 4th quarter. LPL Financial LLC now owns 9,651,113 shares of the company’s stock valued at $343,966,000 after purchasing an additional 1,929,512 shares in the last quarter. Capital Group Private Client Services Inc. lifted its stake in shares of Capital Group Dividend Growers ETF by 9.8% in the fourth quarter. Capital Group Private Client Services Inc. now owns 5,180,776 shares of the company’s stock valued at $184,643,000 after purchasing an additional 461,101 shares during the period. Raymond James Financial Inc. lifted its stake in shares of Capital Group Dividend Growers ETF by 17.3% in the fourth quarter. Raymond James Financial Inc. now owns 4,159,257 shares of the company’s stock valued at $148,236,000 after purchasing an additional 612,090 shares during the period. Finally, Cetera Investment Advisers boosted its holdings in Capital Group Dividend Growers ETF by 20.1% during the first quarter. Cetera Investment Advisers now owns 3,870,449 shares of the company’s stock worth $138,949,000 after buying an additional 648,834 shares in the last quarter.

Capital Group Dividend Growers ETF Trading Down 0.4%

Shares of CGDG opened at $38.67 on Friday. The firm’s 50-day moving average is $38.36 and its two-hundred day moving average is $37.46. Capital Group Dividend Growers ETF has a twelve month low of $34.04 and a twelve month high of $39.15. The firm has a market capitalization of $5.57 billion, a P/E ratio of 20.18 and a beta of 0.48.

Capital Group Dividend Growers ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, July 1st. Stockholders of record on Tuesday, June 30th were given a dividend of $0.3865 per share. This represents a $1.55 dividend on an annualized basis and a dividend yield of 4.0%. The ex-dividend date was Tuesday, June 30th. This is a positive change from Capital Group Dividend Growers ETF’s previous quarterly dividend of $0.14.

Capital Group Dividend Growers ETF 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.