Farther Finance Advisors LLC Acquires Shares of 4,100 Capital Group Dividend Growers ETF $CGDG

Farther Finance Advisors LLC acquired a new stake in shares of Capital Group Dividend Growers ETF (NYSEARCA:CGDG) during the second quarter, Holdings Channel reports. The firm acquired 4,100 shares of the company’s stock, valued at approximately $138,000.

Several other institutional investors have also bought and sold shares of the stock. Citadel Advisors LLC acquired a new position in Capital Group Dividend Growers ETF during the fourth quarter worth $230,000. Merit Financial Group LLC bought a new position in shares of Capital Group Dividend Growers ETF during the first quarter valued at $1,828,000. RFG Advisory LLC lifted its holdings in shares of Capital Group Dividend Growers ETF by 10.4% during the first quarter. RFG Advisory LLC now owns 13,673 shares of the company’s stock valued at $422,000 after acquiring an additional 1,284 shares during the period. Patriot Financial Group Insurance Agency LLC lifted its holdings in shares of Capital Group Dividend Growers ETF by 47.8% during the first quarter. Patriot Financial Group Insurance Agency LLC now owns 22,745 shares of the company’s stock valued at $703,000 after acquiring an additional 7,354 shares during the period. Finally, NavPoint Financial Inc. bought a new position in shares of Capital Group Dividend Growers ETF during the first quarter valued at $253,000.

Capital Group Dividend Growers ETF Stock Performance

Shares of NYSEARCA CGDG opened at $34.84 on Friday. The stock has a market cap of $2.92 billion, a PE ratio of 20.18 and a beta of 0.82. The business has a fifty day moving average of $34.14 and a two-hundred day moving average of $32.77. Capital Group Dividend Growers ETF has a 52-week low of $27.62 and a 52-week high of $34.99.

Capital Group Dividend Growers ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, October 1st. Shareholders of record on Tuesday, September 30th were given a $0.149 dividend. The ex-dividend date was Tuesday, September 30th. This represents a $0.60 annualized dividend and a yield of 1.7%.

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.