Aurdan Capital Management LLC Buys New Shares in Capital Group Dividend Value ETF (NYSEARCA:CGDV)

Aurdan Capital Management LLC bought a new stake in Capital Group Dividend Value ETF (NYSEARCA:CGDV) during the fourth quarter, HoldingsChannel reports. The fund bought 38,497 shares of the company’s stock, valued at approximately $1,357,000.

Other institutional investors have also added to or reduced their stakes in the company. JPMorgan Chase & Co. boosted its position in Capital Group Dividend Value ETF by 2.2% during the fourth quarter. JPMorgan Chase & Co. now owns 218,412 shares of the company’s stock valued at $7,701,000 after buying an additional 4,737 shares during the period. Northwest Financial Advisors boosted its position in Capital Group Dividend Value ETF by 35.7% during the fourth quarter. Northwest Financial Advisors now owns 35,037 shares of the company’s stock valued at $1,235,000 after buying an additional 9,227 shares during the period. Litman Gregory Wealth Management LLC boosted its position in Capital Group Dividend Value ETF by 3.7% during the fourth quarter. Litman Gregory Wealth Management LLC now owns 36,827 shares of the company’s stock valued at $1,299,000 after buying an additional 1,327 shares during the period. Stephens Inc. AR purchased a new stake in Capital Group Dividend Value ETF during the fourth quarter valued at about $247,000. Finally, PNC Financial Services Group Inc. purchased a new stake in Capital Group Dividend Value ETF during the fourth quarter valued at about $55,000.

Capital Group Dividend Value ETF Stock Down 0.3%

NYSEARCA CGDV opened at $36.40 on Friday. The company has a 50-day simple moving average of $35.10 and a two-hundred day simple moving average of $35.90. Capital Group Dividend Value ETF has a 12-month low of $30.94 and a 12-month high of $37.38. The firm has a market cap of $15.89 billion, a price-to-earnings ratio of 25.72 and a beta of 0.89.

Capital Group Dividend Value ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Tuesday, April 1st. Stockholders of record on Monday, March 31st were issued a dividend of $0.1067 per share. The ex-dividend date was Monday, March 31st.

Capital Group Dividend Value ETF Profile

The Capital Group Dividend Value ETF (CGDV) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund that primarily invests in stocks of dividend-paying, large- and mid-cap US companies. The fund seeks to produce income exceeding the average yield on US stocks.