Rothschild Investment LLC Purchases 35,773 Shares of Capital Group Dividend Growers ETF $CGDG

Rothschild Investment LLC raised its holdings in shares of Capital Group Dividend Growers ETF (NYSEARCA:CGDG) by 6.7% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 572,597 shares of the company’s stock after acquiring an additional 35,773 shares during the quarter. Capital Group Dividend Growers ETF makes up approximately 1.1% of Rothschild Investment LLC’s holdings, making the stock its 16th biggest position. Rothschild Investment LLC’s holdings in Capital Group Dividend Growers ETF were worth $19,840,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the business. Advance Capital Management Inc. boosted its holdings in 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 worth $181,887,000 after purchasing an additional 2,579,574 shares during the last quarter. Envestnet Asset Management Inc. lifted its position 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 worth $278,475,000 after buying an additional 2,194,089 shares in the last quarter. Raymond James Financial Inc. boosted its stake in shares of Capital Group Dividend Growers ETF by 46.3% during the 2nd quarter. Raymond James Financial Inc. now owns 2,652,387 shares of the company’s stock worth $89,200,000 after buying an additional 839,799 shares during the last quarter. Fourpath Capital Management LLC bought a new position in shares of Capital Group Dividend Growers ETF in the 3rd quarter valued at about $19,752,000. Finally, Vestmark Advisory Solutions Inc. increased its position in shares of Capital Group Dividend Growers ETF by 105.9% in the second quarter. Vestmark Advisory Solutions Inc. now owns 655,048 shares of the company’s stock valued at $22,029,000 after acquiring an additional 336,840 shares during the last quarter.

Capital Group Dividend Growers ETF Stock Performance

CGDG opened at $37.69 on Tuesday. Capital Group Dividend Growers ETF has a 52-week low of $27.62 and a 52-week high of $38.00. The firm has a market capitalization of $4.54 billion, a PE ratio of 20.18 and a beta of 0.56. The business’s 50-day simple moving average is $36.36 and its 200 day simple moving average is $35.23.

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 given a dividend of $0.1841 per share. This represents a $0.74 annualized dividend and a yield of 2.0%. This is an increase from Capital Group Dividend Growers ETF’s previous quarterly dividend of $0.15. The ex-dividend date of this dividend was Friday, December 26th.

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.