Cetera Investment Advisers Purchases 199,892 Shares of Capital Group Dividend Growers ETF $CGDG

Cetera Investment Advisers boosted its position in shares of Capital Group Dividend Growers ETF (NYSEARCA:CGDG) by 12.8% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,758,205 shares of the company’s stock after acquiring an additional 199,892 shares during the period. Cetera Investment Advisers’ holdings in Capital Group Dividend Growers ETF were worth $59,128,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Smartleaf Asset Management LLC grew its position in Capital Group Dividend Growers ETF by 93.9% during the 1st quarter. Smartleaf Asset Management LLC now owns 365,401 shares of the company’s stock worth $11,309,000 after purchasing an additional 176,945 shares during the period. Advance Capital Management Inc. acquired a new position in shares of Capital Group Dividend Growers ETF in the 2nd quarter valued at about $89,781,000. Oak Hill Wealth Advisors LLC boosted its stake in shares of Capital Group Dividend Growers ETF by 34.7% in the second quarter. Oak Hill Wealth Advisors LLC now owns 59,577 shares of the company’s stock worth $2,012,000 after buying an additional 15,350 shares during the last quarter. Benjamin Edwards Inc. grew its holdings in Capital Group Dividend Growers ETF by 61.0% during the first quarter. Benjamin Edwards Inc. now owns 309,594 shares of the company’s stock worth $9,566,000 after acquiring an additional 117,316 shares during the period. Finally, Sovran Advisors LLC raised its position in Capital Group Dividend Growers ETF by 213.4% during the second quarter. Sovran Advisors LLC now owns 51,662 shares of the company’s stock valued at $1,745,000 after acquiring an additional 35,179 shares in the last quarter.

Capital Group Dividend Growers ETF Trading Down 0.2%

Shares of NYSEARCA:CGDG opened at $35.21 on Friday. Capital Group Dividend Growers ETF has a 12-month low of $27.62 and a 12-month high of $35.74. The business has a 50 day moving average of $34.81 and a two-hundred day moving average of $33.80. The company has a market capitalization of $3.62 billion, a PE ratio of 20.18 and a beta of 0.56.

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. The ex-dividend date of this dividend was Tuesday, September 30th. This represents a $0.60 dividend on an annualized basis and a yield of 1.7%.

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.