Oak Hill Wealth Advisors LLC Has $1.37 Million Stake in Capital Group Dividend Growers ETF (NYSEARCA:CGDG)

Oak Hill Wealth Advisors LLC grew its holdings in Capital Group Dividend Growers ETF (NYSEARCA:CGDG) by 45.8% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 44,227 shares of the company’s stock after buying an additional 13,888 shares during the period. Oak Hill Wealth Advisors LLC owned 0.08% of Capital Group Dividend Growers ETF worth $1,367,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in CGDG. D.A. Davidson & CO. acquired a new stake in shares of Capital Group Dividend Growers ETF in the fourth quarter valued at approximately $272,000. IFP Advisors Inc increased its stake in shares of Capital Group Dividend Growers ETF by 8.7% during the fourth quarter. IFP Advisors Inc now owns 5,484 shares of the company’s stock worth $163,000 after purchasing an additional 438 shares during the period. LifeGoal Wealth Advisors bought a new position in shares of Capital Group Dividend Growers ETF during the fourth quarter worth approximately $4,213,000. A&I Financial Services LLC bought a new position in shares of Capital Group Dividend Growers ETF during the fourth quarter worth approximately $579,000. Finally, Flputnam Investment Management Co. increased its stake in shares of Capital Group Dividend Growers ETF by 236.0% during the fourth quarter. Flputnam Investment Management Co. now owns 38,681 shares of the company’s stock worth $1,147,000 after purchasing an additional 27,168 shares during the period.

Capital Group Dividend Growers ETF Trading Down 0.6%

Shares of NYSEARCA CGDG opened at $33.26 on Thursday. The firm has a market cap of $2.47 billion, a P/E ratio of 20.35 and a beta of 0.82. Capital Group Dividend Growers ETF has a 1-year low of $27.62 and a 1-year high of $33.49. The business’s 50 day moving average is $32.15 and its 200-day moving average is $31.02.

Capital Group Dividend Growers ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Tuesday, April 1st. Stockholders of record on Monday, March 31st were paid a dividend of $0.1333 per share. The ex-dividend date was Monday, March 31st.

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.