69,457 Capital Group Dividend Growers ETF $CGDG Shares Acquired by Kestra Advisory Services LLC

Kestra Advisory Services LLC boosted its holdings in shares of Capital Group Dividend Growers ETF (NYSEARCA:CGDG) by 16.2% in the third quarter, according to its most recent filing with the SEC. The firm owned 497,137 shares of the company’s stock after acquiring an additional 69,457 shares during the period. Kestra Advisory Services LLC owned 0.32% of Capital Group Dividend Growers ETF worth $18,409,000 as of its most recent filing with the SEC.

A number of other large investors also recently made changes to their positions in the stock. Cetera Investment Advisers increased its holdings in Capital Group Dividend Growers ETF by 20.1% in the first quarter. Cetera Investment Advisers now owns 3,870,449 shares of the company’s stock valued at $138,949,000 after purchasing an additional 648,834 shares during the last quarter. Royal Bank of Canada raised its position in shares of Capital Group Dividend Growers ETF by 11.5% in the 1st quarter. Royal Bank of Canada now owns 2,597,678 shares of the company’s stock valued at $93,258,000 after acquiring an additional 266,980 shares during the period. Valmark Advisers Inc. raised its position in shares of Capital Group Dividend Growers ETF by 186.1% in the 1st quarter. Valmark Advisers Inc. now owns 2,079,344 shares of the company’s stock valued at $74,648,000 after acquiring an additional 1,352,510 shares during the period. Sei Investments Co. raised its holdings in Capital Group Dividend Growers ETF by 36.5% in the first quarter. Sei Investments Co. now owns 1,188,191 shares of the company’s stock worth $42,656,000 after purchasing an additional 317,794 shares during the period. Finally, J. Derek Lewis & Associates Inc. raised its holdings in Capital Group Dividend Growers ETF by 20.0% in the first quarter. J. Derek Lewis & Associates Inc. now owns 676,165 shares of the company’s stock worth $24,307,000 after purchasing an additional 112,824 shares during the period.

Capital Group Dividend Growers ETF Price Performance

Shares of CGDG stock opened at $37.84 on Monday. Capital Group Dividend Growers ETF has a 12-month low of $34.24 and a 12-month high of $39.15. The firm has a fifty day moving average of $37.92 and a 200-day moving average of $37.49. The firm has a market capitalization of $5.84 billion, a price-to-earnings ratio of 20.18 and a beta of 0.48.

Capital Group Dividend Growers ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, October 1st. Shareholders of record on Wednesday, September 30th were paid a $0.1611 dividend. The ex-dividend date of this dividend was Wednesday, September 30th. This is a negative change from Capital Group Dividend Growers ETF’s previous quarterly dividend of $0.3865. This represents a $0.64 dividend on an annualized basis and a yield of 1.7%.

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