Capital Group Dividend Value ETF $CGDV Shares Bought by Prime Capital Investment Advisors LLC

Prime Capital Investment Advisors LLC raised its position in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 34.6% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 86,255 shares of the company’s stock after purchasing an additional 22,159 shares during the quarter. Prime Capital Investment Advisors LLC’s holdings in Capital Group Dividend Value ETF were worth $3,406,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in CGDV. Park Avenue Securities LLC raised its stake in Capital Group Dividend Value ETF by 10.9% during the 1st quarter. Park Avenue Securities LLC now owns 87,104 shares of the company’s stock valued at $3,104,000 after purchasing an additional 8,551 shares during the period. Capital Investment Advisors LLC increased its stake in shares of Capital Group Dividend Value ETF by 45.3% in the first quarter. Capital Investment Advisors LLC now owns 42,156 shares of the company’s stock worth $1,502,000 after acquiring an additional 13,145 shares during the last quarter. Farther Finance Advisors LLC increased its position in Capital Group Dividend Value ETF by 473.3% during the first quarter. Farther Finance Advisors LLC now owns 9,224 shares of the company’s stock worth $330,000 after buying an additional 7,615 shares during the last quarter. Wealthcare Advisory Partners LLC boosted its holdings in Capital Group Dividend Value ETF by 9.2% during the first quarter. Wealthcare Advisory Partners LLC now owns 536,487 shares of the company’s stock valued at $19,120,000 after acquiring an additional 45,275 shares during the period. Finally, Wealthcare Capital Management LLC lifted its stake in shares of Capital Group Dividend Value ETF by 10.6% in the first quarter. Wealthcare Capital Management LLC now owns 17,614 shares of the company’s stock valued at $628,000 after buying an additional 1,684 shares during the period.

Capital Group Dividend Value ETF Price Performance

Shares of Capital Group Dividend Value ETF stock opened at $42.34 on Wednesday. The firm has a market cap of $22.77 billion, a P/E ratio of 26.59 and a beta of 0.91. The firm has a 50 day simple moving average of $41.45 and a 200 day simple moving average of $38.63. Capital Group Dividend Value ETF has a fifty-two week low of $30.94 and a fifty-two week high of $42.53.

Capital Group Dividend Value ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, October 1st. Investors of record on Tuesday, September 30th were given a $0.1359 dividend. The ex-dividend date of this dividend was Tuesday, September 30th. This represents a $0.54 annualized dividend and a yield of 1.3%. This is an increase from Capital Group Dividend Value ETF’s previous quarterly dividend of $0.13.

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.