Onyx Bridge Wealth Group LLC Purchases 121,565 Shares of Capital Group Dividend Growers ETF $CGDG

Onyx Bridge Wealth Group LLC boosted its holdings in shares of Capital Group Dividend Growers ETF (NYSEARCA:CGDG) by 42.6% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 406,906 shares of the company’s stock after purchasing an additional 121,565 shares during the period. Capital Group Dividend Growers ETF accounts for approximately 1.5% of Onyx Bridge Wealth Group LLC’s portfolio, making the stock its 14th biggest position. Onyx Bridge Wealth Group LLC’s holdings in Capital Group Dividend Growers ETF were worth $14,107,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. NewEdge Advisors LLC raised its position in shares of Capital Group Dividend Growers ETF by 13.8% during the first quarter. NewEdge Advisors LLC now owns 29,206 shares of the company’s stock worth $902,000 after purchasing an additional 3,550 shares during the period. US Bancorp DE grew its position in shares of Capital Group Dividend Growers ETF by 6.6% in the 2nd quarter. US Bancorp DE now owns 75,531 shares of the company’s stock valued at $2,540,000 after purchasing an additional 4,707 shares during the period. IFP Advisors Inc increased its stake in Capital Group Dividend Growers ETF by 92.8% during the 2nd quarter. IFP Advisors Inc now owns 11,237 shares of the company’s stock worth $378,000 after purchasing an additional 5,410 shares in the last quarter. CWM LLC raised its holdings in Capital Group Dividend Growers ETF by 21.6% during the 2nd quarter. CWM LLC now owns 6,615 shares of the company’s stock worth $222,000 after buying an additional 1,174 shares during the period. Finally, RFG Advisory LLC lifted its stake in Capital Group Dividend Growers ETF by 135.9% in the second quarter. RFG Advisory LLC now owns 32,251 shares of the company’s stock valued at $1,085,000 after buying an additional 18,578 shares in the last quarter.

Capital Group Dividend Growers ETF Stock Up 0.6%

Capital Group Dividend Growers ETF stock opened at $37.83 on Thursday. Capital Group Dividend Growers ETF has a twelve month low of $27.62 and a twelve month high of $37.87. The company has a 50 day moving average of $36.23 and a 200-day moving average of $35.14. The stock has a market capitalization of $4.56 billion, a PE ratio of 20.18 and a beta of 0.56.

Capital Group Dividend Growers ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, December 29th. Shareholders of record on Friday, December 26th were paid a $0.1841 dividend. The ex-dividend date of this dividend was Friday, December 26th. This represents a $0.74 annualized dividend and a dividend yield of 1.9%. This is a positive change from Capital Group Dividend Growers ETF’s previous quarterly dividend of $0.15.

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. CGDG was launched on Sep 26, 2023 and is issued by Capital Group.