Sapient Capital LLC Purchases New Shares in Capital Group Dividend Value ETF (NYSEARCA:CGDV)

Sapient Capital LLC purchased a new stake in Capital Group Dividend Value ETF (NYSEARCA:CGDV) in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 6,351 shares of the company’s stock, valued at approximately $227,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. JPMorgan Chase & Co. boosted its position in shares of Capital Group Dividend Value ETF by 2.2% in the 4th quarter. JPMorgan Chase & Co. now owns 218,412 shares of the company’s stock valued at $7,701,000 after purchasing an additional 4,737 shares during the period. Stephens Inc. AR acquired a new position in shares of Capital Group Dividend Value ETF in the 4th quarter valued at $247,000. PNC Financial Services Group Inc. purchased a new stake in Capital Group Dividend Value ETF in the 4th quarter worth about $55,000. Ameriprise Financial Inc. purchased a new stake in Capital Group Dividend Value ETF in the 4th quarter worth about $870,000. Finally, Titleist Asset Management LLC lifted its stake in Capital Group Dividend Value ETF by 14.3% in the 4th quarter. Titleist Asset Management LLC now owns 15,776 shares of the company’s stock worth $556,000 after acquiring an additional 1,977 shares in the last quarter.

Capital Group Dividend Value ETF Trading Down 0.7%

Shares of Capital Group Dividend Value ETF stock opened at $38.35 on Friday. The stock has a 50-day moving average price of $35.86 and a 200 day moving average price of $36.02. The company has a market cap of $17.32 billion, a P/E ratio of 26.38 and a beta of 0.90. Capital Group Dividend Value ETF has a 1 year low of $30.94 and a 1 year high of $38.64.

Capital Group Dividend Value ETF Announces Dividend

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

Capital Group Dividend Value ETF Company 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.