Stephens Inc. AR Boosts Position in Capital Group Dividend Growers ETF $CGDG

Stephens Inc. AR raised its position in Capital Group Dividend Growers ETF (NYSEARCA:CGDG) by 565.2% during the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 59,040 shares of the company’s stock after acquiring an additional 50,165 shares during the quarter. Stephens Inc. AR owned approximately 0.06% of Capital Group Dividend Growers ETF worth $2,046,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Park Avenue Securities LLC lifted its position in Capital Group Dividend Growers ETF by 143.3% during the third quarter. Park Avenue Securities LLC now owns 48,489 shares of the company’s stock valued at $1,680,000 after purchasing an additional 28,556 shares in the last quarter. Benjamin Edwards Inc. raised its stake in shares of Capital Group Dividend Growers ETF by 23.1% in the third quarter. Benjamin Edwards Inc. now owns 598,370 shares of the company’s stock worth $20,733,000 after buying an additional 112,201 shares during the period. U.S. Capital Wealth Advisors LLC lifted its position in shares of Capital Group Dividend Growers ETF by 25.6% during the 3rd quarter. U.S. Capital Wealth Advisors LLC now owns 164,963 shares of the company’s stock valued at $5,716,000 after buying an additional 33,597 shares in the last quarter. Flputnam Investment Management Co. lifted its position in shares of Capital Group Dividend Growers ETF by 49.4% during the 3rd quarter. Flputnam Investment Management Co. now owns 47,985 shares of the company’s stock valued at $1,663,000 after buying an additional 15,856 shares in the last quarter. Finally, Mayflower Financial Advisors LLC grew its stake in shares of Capital Group Dividend Growers ETF by 45.3% during the 3rd quarter. Mayflower Financial Advisors LLC now owns 82,064 shares of the company’s stock valued at $2,844,000 after acquiring an additional 25,580 shares during the period.

Capital Group Dividend Growers ETF Trading Up 0.1%

NYSEARCA CGDG opened at $36.78 on Friday. Capital Group Dividend Growers ETF has a 12 month low of $27.62 and a 12 month high of $36.88. The stock has a market cap of $4.27 billion, a price-to-earnings ratio of 20.18 and a beta of 0.56. The company’s 50 day moving average is $35.67 and its two-hundred day moving average is $34.78.

Capital Group Dividend Growers ETF Increases Dividend

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

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.