26,521 Capital Group Dividend Growers ETF $CGDG Shares Sold by National Wealth Management Group LLC

National Wealth Management Group LLC cut its holdings in shares of Capital Group Dividend Growers ETF (NYSEARCA:CGDG) by 30.8% in the third quarter, Holdings Channel reports. The institutional investor owned 59,617 shares of the company’s stock after selling 26,521 shares during the quarter. National Wealth Management Group LLC’s holdings in Capital Group Dividend Growers ETF were worth $2,208,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently modified their holdings of CGDG. CoreCap Advisors LLC boosted its position in shares of Capital Group Dividend Growers ETF by 1,458.3% in the second quarter. CoreCap Advisors LLC now owns 748 shares of the company’s stock valued at $28,000 after acquiring an additional 700 shares during the period. Pinnacle Bancorp Inc. acquired a new position in Capital Group Dividend Growers ETF during the 1st quarter valued at $50,000. CX Institutional raised its stake in Capital Group Dividend Growers ETF by 121.3% during the 2nd quarter. CX Institutional now owns 1,737 shares of the company’s stock valued at $65,000 after purchasing an additional 952 shares during the last quarter. Sunbelt Securities Inc. raised its stake in Capital Group Dividend Growers ETF by 17.3% during the 1st quarter. Sunbelt Securities Inc. now owns 2,698 shares of the company’s stock valued at $97,000 after purchasing an additional 398 shares during the last quarter. Finally, GAMMA Investing LLC acquired a new position in Capital Group Dividend Growers ETF during the 2nd quarter valued at $119,000.

Capital Group Dividend Growers ETF Price Performance

Shares of Capital Group Dividend Growers ETF stock opened at $38.08 on Tuesday. Capital Group Dividend Growers ETF has a fifty-two week low of $34.24 and a fifty-two week high of $39.15. The firm has a fifty day moving average price of $38.02 and a two-hundred day moving average price of $37.40. The company has a market cap of $5.88 billion, a PE ratio of 20.18 and a beta of 0.50.

Capital Group Dividend Growers ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 1st. Stockholders of record on Wednesday, September 30th were given a dividend of $0.1611 per share. This is a decrease 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 dividend yield of 1.7%. The ex-dividend date of this dividend was Wednesday, September 30th.

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.