Flagship Harbor Advisors LLC Invests $814,000 in Capital Group Dividend Growers ETF $CGDG

Flagship Harbor Advisors LLC bought a new position in Capital Group Dividend Growers ETF (NYSEARCA:CGDG) during the second quarter, according to its most recent 13F filing with the SEC. The fund bought 24,207 shares of the company’s stock, valued at approximately $814,000.

A number of other large investors have also recently made changes to their positions in the business. Strategic Investment Solutions Inc. IL increased its holdings in shares of Capital Group Dividend Growers ETF by 27.4% in the 1st quarter. Strategic Investment Solutions Inc. IL now owns 1,488 shares of the company’s stock worth $46,000 after buying an additional 320 shares during the last quarter. IFP Advisors Inc increased its holdings in shares of Capital Group Dividend Growers ETF by 6.3% in the 1st quarter. IFP Advisors Inc now owns 5,827 shares of the company’s stock worth $180,000 after buying an additional 343 shares during the last quarter. Comerica Bank increased its holdings in shares of Capital Group Dividend Growers ETF by 1.0% in the 1st quarter. Comerica Bank now owns 50,022 shares of the company’s stock worth $1,546,000 after buying an additional 493 shares during the last quarter. Mayflower Financial Advisors LLC increased its holdings in shares of Capital Group Dividend Growers ETF by 1.2% in the 2nd quarter. Mayflower Financial Advisors LLC now owns 56,484 shares of the company’s stock worth $1,900,000 after buying an additional 668 shares during the last quarter. Finally, PFG Advisors increased its holdings in shares of Capital Group Dividend Growers ETF by 3.9% in the 1st quarter. PFG Advisors now owns 19,159 shares of the company’s stock worth $592,000 after buying an additional 723 shares during the last quarter.

Capital Group Dividend Growers ETF Trading Down 0.5%

Shares of NYSEARCA:CGDG opened at $34.94 on Friday. The company has a market capitalization of $3.57 billion, a price-to-earnings ratio of 20.18 and a beta of 0.56. Capital Group Dividend Growers ETF has a 12 month low of $27.62 and a 12 month high of $35.43. The firm’s 50-day moving average is $34.59 and its 200 day moving average is $33.42.

Capital Group Dividend Growers ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, October 1st. Investors of record on Tuesday, September 30th were issued a dividend of $0.149 per share. This represents a $0.60 annualized dividend and a yield of 1.7%. The ex-dividend date was Tuesday, September 30th.

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.