Capital Group Dividend Growers ETF $CGDG is Swisher Financial Concepts Inc.’s 8th Largest Position

Swisher Financial Concepts Inc. boosted its position in Capital Group Dividend Growers ETF (NYSEARCA:CGDG) by 21.7% in the 3rd quarter, Holdings Channel reports. The firm owned 195,737 shares of the company’s stock after buying an additional 34,891 shares during the quarter. Capital Group Dividend Growers ETF accounts for approximately 4.1% of Swisher Financial Concepts Inc.’s portfolio, making the stock its 8th biggest position. Swisher Financial Concepts Inc.’s holdings in Capital Group Dividend Growers ETF were worth $6,782,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of the business. Trust Co. of Vermont bought a new position in Capital Group Dividend Growers ETF in the 3rd quarter valued at $30,000. Sittner & Nelson LLC bought a new position in shares of Capital Group Dividend Growers ETF in the second quarter worth about $34,000. AdvisorNet Financial Inc increased its stake in 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 buying an additional 1,088 shares during the period. Farther Finance Advisors LLC bought a new stake in Capital Group Dividend Growers ETF during the 2nd quarter valued at about $138,000. Finally, Allworth Financial LP lifted its holdings in Capital Group Dividend Growers ETF by 295.5% during the 2nd quarter. Allworth Financial LP now owns 5,854 shares of the company’s stock valued at $197,000 after buying an additional 4,374 shares in the last quarter.

Capital Group Dividend Growers ETF Price Performance

Shares of CGDG stock opened at $35.85 on Wednesday. The company has a market capitalization of $3.69 billion, a P/E ratio of 20.18 and a beta of 0.56. The company’s 50-day simple moving average is $35.33 and its two-hundred day simple moving average is $34.51. Capital Group Dividend Growers ETF has a one year low of $27.62 and a one year high of $36.07.

Capital Group Dividend Growers ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, December 29th. Investors of record on Friday, December 26th were paid a $0.1841 dividend. This represents a $0.74 annualized dividend and a yield of 2.1%. This is an increase from Capital Group Dividend Growers ETF’s previous quarterly dividend of $0.15. The ex-dividend date of this dividend was Friday, December 26th.

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.