Jacobi Capital Management LLC Has $2.41 Million Stock Holdings in Capital Group Dividend Growers ETF $CGDG

Jacobi Capital Management LLC grew its position in Capital Group Dividend Growers ETF (NYSEARCA:CGDG) by 49.5% during the third quarter, HoldingsChannel reports. The firm owned 69,610 shares of the company’s stock after buying an additional 23,038 shares during the quarter. Jacobi Capital Management LLC’s holdings in Capital Group Dividend Growers ETF were worth $2,412,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also modified their holdings of CGDG. Advance Capital Management Inc. grew its stake in Capital Group Dividend Growers ETF by 96.6% in the 3rd quarter. Advance Capital Management Inc. now owns 5,249,253 shares of the company’s stock valued at $181,887,000 after buying 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 acquiring an additional 2,194,089 shares during the last quarter. Raymond James Financial Inc. boosted its holdings in Capital Group Dividend Growers ETF by 46.3% during the second quarter. Raymond James Financial Inc. now owns 2,652,387 shares of the company’s stock valued at $89,200,000 after acquiring an additional 839,799 shares during the period. Fourpath Capital Management LLC acquired a new stake in shares of Capital Group Dividend Growers ETF in the third quarter valued at about $19,752,000. Finally, Vestmark Advisory Solutions Inc. grew 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 purchasing an additional 336,840 shares during the last quarter.

Capital Group Dividend Growers ETF Stock Performance

NYSEARCA CGDG opened at $37.67 on Thursday. Capital Group Dividend Growers ETF has a twelve month low of $27.62 and a twelve month high of $38.00. The stock has a market capitalization of $4.54 billion, a PE ratio of 20.18 and a beta of 0.56. The stock has a 50-day simple moving average of $36.45 and a 200 day simple moving average of $35.28.

Capital Group Dividend Growers ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, December 29th. Shareholders of record on Friday, December 26th were given a $0.1841 dividend. The ex-dividend date of this dividend was Friday, December 26th. 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.

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.