Koshinski Asset Management Inc. Purchases 2,420 Shares of Capital Group Dividend Growers ETF $CGDG

Koshinski Asset Management Inc. boosted its holdings in Capital Group Dividend Growers ETF (NYSEARCA:CGDG) by 5.7% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 45,061 shares of the company’s stock after acquiring an additional 2,420 shares during the quarter. Koshinski Asset Management Inc. owned 0.06% of Capital Group Dividend Growers ETF worth $1,515,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. ORG Partners LLC purchased a new position in shares of Capital Group Dividend Growers ETF in the first quarter worth $38,000. AdvisorNet Financial Inc raised its position in Capital Group Dividend Growers ETF by 483.6% in the 2nd quarter. AdvisorNet Financial Inc now owns 1,313 shares of the company’s stock worth $44,000 after buying an additional 1,088 shares during the last quarter. Allworth Financial LP raised its position in Capital Group Dividend Growers ETF by 136.4% in the 1st quarter. Allworth Financial LP now owns 1,480 shares of the company’s stock worth $46,000 after buying an additional 854 shares during the last quarter. Strategic Investment Solutions Inc. IL lifted its stake in Capital Group Dividend Growers ETF by 27.4% during the 1st quarter. Strategic Investment Solutions Inc. IL now owns 1,488 shares of the company’s stock valued at $46,000 after acquiring an additional 320 shares during the period. Finally, Capital Analysts LLC purchased a new stake in shares of Capital Group Dividend Growers ETF during the 1st quarter valued at about $50,000.

Capital Group Dividend Growers ETF Stock Up 0.4%

CGDG opened at $34.78 on Friday. The stock has a market capitalization of $3.47 billion, a price-to-earnings ratio of 20.18 and a beta of 0.82. The firm has a 50 day moving average price of $34.39 and a 200-day moving average price of $33.05. Capital Group Dividend Growers ETF has a twelve month low of $27.62 and a twelve month high of $35.08.

Capital Group Dividend Growers ETF Cuts Dividend

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