Wealth Enhancement Advisory Services LLC Has $4.92 Million Stock Holdings in Capital Group Dividend Growers ETF $CGDG

Wealth Enhancement Advisory Services LLC boosted its stake in Capital Group Dividend Growers ETF (NYSEARCA:CGDG) by 14.4% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 140,989 shares of the company’s stock after buying an additional 17,709 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in Capital Group Dividend Growers ETF were worth $4,918,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of the stock. Park Avenue Securities LLC increased its position in Capital Group Dividend Growers ETF by 143.3% during the 3rd quarter. Park Avenue Securities LLC now owns 48,489 shares of the company’s stock worth $1,680,000 after buying an additional 28,556 shares during the period. Benjamin Edwards Inc. grew its stake in shares of Capital Group Dividend Growers ETF by 23.1% in the third quarter. Benjamin Edwards Inc. now owns 598,370 shares of the company’s stock valued at $20,733,000 after acquiring an additional 112,201 shares in the last quarter. Mayflower Financial Advisors LLC grew its position in shares of Capital Group Dividend Growers ETF by 45.3% during the 3rd quarter. Mayflower Financial Advisors LLC now owns 82,064 shares of the company’s stock worth $2,844,000 after purchasing an additional 25,580 shares in the last quarter. U.S. Capital Wealth Advisors LLC grew its position in Capital Group Dividend Growers ETF by 25.6% during the third quarter. U.S. Capital Wealth Advisors LLC now owns 164,963 shares of the company’s stock worth $5,716,000 after buying an additional 33,597 shares in the last quarter. Finally, Flputnam Investment Management Co. lifted its position in shares of Capital Group Dividend Growers ETF by 49.4% during the 3rd quarter. Flputnam Investment Management Co. now owns 47,985 shares of the company’s stock valued at $1,663,000 after acquiring an additional 15,856 shares during the period.

Capital Group Dividend Growers ETF Stock Up 0.4%

CGDG stock opened at $36.57 on Tuesday. Capital Group Dividend Growers ETF has a 52 week low of $27.62 and a 52 week high of $36.88. The business has a 50-day simple moving average of $35.80 and a 200 day simple moving average of $34.89. The company has a market cap of $4.31 billion, a PE ratio of 20.18 and a beta of 0.56.

Capital Group Dividend Growers ETF Increases Dividend

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

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.