Prospera Financial Services Inc Boosts Position in Capital Group Dividend Growers ETF $CGDG

Prospera Financial Services Inc lifted its position in Capital Group Dividend Growers ETF (NYSEARCA:CGDG) by 59.4% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 13,693 shares of the company’s stock after buying an additional 5,104 shares during the quarter. Prospera Financial Services Inc’s holdings in Capital Group Dividend Growers ETF were worth $460,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of CGDG. AdvisorNet Financial Inc raised its holdings in shares of Capital Group Dividend Growers ETF by 483.6% during the 2nd quarter. AdvisorNet Financial Inc now owns 1,313 shares of the company’s stock valued at $44,000 after buying an additional 1,088 shares in the last quarter. Allworth Financial LP grew its position in Capital Group Dividend Growers ETF by 136.4% during the first quarter. Allworth Financial LP now owns 1,480 shares of the company’s stock valued at $46,000 after acquiring an additional 854 shares during the last quarter. Strategic Investment Solutions Inc. IL raised its stake in shares of Capital Group Dividend Growers ETF by 27.4% during the first quarter. Strategic Investment Solutions Inc. IL now owns 1,488 shares of the company’s stock worth $46,000 after acquiring an additional 320 shares in the last quarter. Capital Analysts LLC bought a new stake in shares of Capital Group Dividend Growers ETF in the 1st quarter worth approximately $50,000. Finally, Vermillion & White Wealth Management Group LLC bought a new stake in shares of Capital Group Dividend Growers ETF in the 1st quarter worth approximately $108,000.

Capital Group Dividend Growers ETF Stock Performance

CGDG stock opened at $35.21 on Friday. The firm has a market cap of $3.62 billion, a P/E ratio of 20.18 and a beta of 0.56. The firm’s fifty day moving average is $34.81 and its 200 day moving average is $33.78. Capital Group Dividend Growers ETF has a 52 week low of $27.62 and a 52 week high of $35.74.

Capital Group Dividend Growers ETF Cuts Dividend

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

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.