Thurston Springer Miller Herd & Titak Inc. Has $172,000 Stock Position in Capital Group Dividend Value ETF $CGDV

Thurston Springer Miller Herd & Titak Inc. lowered its stake in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 93.6% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 4,094 shares of the company’s stock after selling 59,446 shares during the period. Thurston Springer Miller Herd & Titak Inc.’s holdings in Capital Group Dividend Value ETF were worth $172,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. PNC Financial Services Group Inc. lifted its position in Capital Group Dividend Value ETF by 92.9% in the 1st quarter. PNC Financial Services Group Inc. now owns 3,010 shares of the company’s stock valued at $107,000 after acquiring an additional 1,450 shares in the last quarter. Cresset Asset Management LLC bought a new position in Capital Group Dividend Value ETF during the 1st quarter worth about $4,784,000. Steward Partners Investment Advisory LLC raised its stake in shares of Capital Group Dividend Value ETF by 1.7% in the 1st quarter. Steward Partners Investment Advisory LLC now owns 243,186 shares of the company’s stock valued at $8,667,000 after purchasing an additional 3,955 shares during the period. CWS Financial Advisors LLC lifted its holdings in shares of Capital Group Dividend Value ETF by 6.0% in the first quarter. CWS Financial Advisors LLC now owns 25,038 shares of the company’s stock valued at $892,000 after purchasing an additional 1,408 shares in the last quarter. Finally, Venture Visionary Partners LLC boosted its position in shares of Capital Group Dividend Value ETF by 50.9% during the first quarter. Venture Visionary Partners LLC now owns 10,022 shares of the company’s stock worth $357,000 after buying an additional 3,381 shares during the period.

Capital Group Dividend Value ETF Stock Performance

NYSEARCA:CGDV opened at $43.28 on Wednesday. The stock has a 50-day simple moving average of $42.85 and a 200 day simple moving average of $41.36. Capital Group Dividend Value ETF has a 52-week low of $30.94 and a 52-week high of $43.93. The company has a market cap of $24.42 billion, a PE ratio of 26.59 and a beta of 0.89.

Capital Group Dividend Value ETF Increases Dividend

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

About Capital Group Dividend Value ETF

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.