Capital Group Dividend Growers ETF $CGDG Shares Sold by Tempus Wealth Planning LLC

Tempus Wealth Planning LLC lessened its holdings in shares of Capital Group Dividend Growers ETF (NYSEARCA:CGDG) by 19.1% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 66,923 shares of the company’s stock after selling 15,772 shares during the period. Tempus Wealth Planning LLC owned 0.07% of Capital Group Dividend Growers ETF worth $2,319,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in CGDG. Envestnet Asset Management Inc. raised its stake in Capital Group Dividend Growers ETF by 37.6% during the 3rd quarter. Envestnet Asset Management Inc. now owns 8,036,810 shares of the company’s stock valued at $278,475,000 after acquiring an additional 2,194,089 shares in the last quarter. Advance Capital Management Inc. raised its stake in shares of Capital Group Dividend Growers ETF by 96.6% during the third quarter. Advance Capital Management Inc. now owns 5,249,253 shares of the company’s stock valued at $181,887,000 after purchasing an additional 2,579,574 shares in the last quarter. Raymond James Financial Inc. lifted its holdings in Capital Group Dividend Growers ETF by 46.3% in the second quarter. Raymond James Financial Inc. now owns 2,652,387 shares of the company’s stock worth $89,200,000 after purchasing an additional 839,799 shares during the period. Commonwealth Equity Services LLC grew its position in Capital Group Dividend Growers ETF by 20.3% in the 2nd quarter. Commonwealth Equity Services LLC now owns 1,898,865 shares of the company’s stock valued at $63,859,000 after buying an additional 320,534 shares in the last quarter. Finally, Cetera Investment Advisers grew its position in Capital Group Dividend Growers ETF by 12.8% in the 2nd quarter. Cetera Investment Advisers now owns 1,758,205 shares of the company’s stock valued at $59,128,000 after buying an additional 199,892 shares in the last quarter.

Capital Group Dividend Growers ETF Trading Up 2.1%

CGDG stock opened at $37.24 on Monday. The firm’s 50-day moving average is $36.10 and its two-hundred day moving average is $35.07. The company has a market capitalization of $4.49 billion, a price-to-earnings ratio of 20.18 and a beta of 0.56. Capital Group Dividend Growers ETF has a 52 week low of $27.62 and a 52 week high of $37.27.

Capital Group Dividend Growers ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, December 29th. Shareholders of record on Friday, December 26th were given a $0.1841 dividend. This represents a $0.74 dividend on an annualized basis and a yield of 2.0%. This is a positive change from Capital Group Dividend Growers ETF’s previous quarterly dividend of $0.15. The ex-dividend date was Friday, December 26th.

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