Gutierrez Wealth Advisory LLC Buys Shares of 9,197 Capital Group Dividend Growers ETF $CGDG

Gutierrez Wealth Advisory LLC bought a new stake in shares of Capital Group Dividend Growers ETF (NYSEARCA:CGDG) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 9,197 shares of the company’s stock, valued at approximately $309,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. ORG Partners LLC bought a new stake in Capital Group Dividend Growers ETF during the 1st quarter valued at $38,000. AdvisorNet Financial Inc boosted its position in shares of Capital Group Dividend Growers ETF by 483.6% in the 2nd quarter. AdvisorNet Financial Inc now owns 1,313 shares of the company’s stock worth $44,000 after purchasing an additional 1,088 shares in the last quarter. Allworth Financial LP boosted its position in shares of Capital Group Dividend Growers ETF by 136.4% in the 1st quarter. Allworth Financial LP now owns 1,480 shares of the company’s stock worth $46,000 after purchasing an additional 854 shares in the last quarter. Strategic Investment Solutions Inc. IL boosted its position in shares of Capital Group Dividend Growers ETF by 27.4% in the 1st quarter. Strategic Investment Solutions Inc. IL now owns 1,488 shares of the company’s stock worth $46,000 after purchasing an additional 320 shares in the last quarter. Finally, Capital Analysts LLC acquired a new stake in shares of Capital Group Dividend Growers ETF in the 1st quarter worth $50,000.

Capital Group Dividend Growers ETF Price Performance

Capital Group Dividend Growers ETF stock opened at $34.97 on Friday. Capital Group Dividend Growers ETF has a 1-year low of $27.62 and a 1-year high of $35.06. The business has a fifty day moving average price of $34.16 and a 200-day moving average price of $32.80. The stock has a market capitalization of $3.43 billion, a price-to-earnings ratio of 20.18 and a beta of 0.82.

Capital Group Dividend Growers ETF Cuts Dividend

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

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.