16,155 Capital Group Dividend Value ETF $CGDV Shares Acquired by Venture Visionary Partners LLC

Venture Visionary Partners LLC raised its holdings in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 3.5% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 472,521 shares of the company’s stock after buying an additional 16,155 shares during the period. Venture Visionary Partners LLC owned about 0.06% of Capital Group Dividend Value ETF worth $23,083,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of the business. TD Capital Management LLC purchased a new stake in shares of Capital Group Dividend Value ETF in the fourth quarter worth approximately $34,000. Bayban purchased a new position in Capital Group Dividend Value ETF during the 1st quarter valued at $36,000. CoreCap Advisors LLC boosted its holdings in Capital Group Dividend Value ETF by 19.5% during the 2nd quarter. CoreCap Advisors LLC now owns 1,338 shares of the company’s stock valued at $66,000 after acquiring an additional 218 shares during the period. Torren Management LLC bought a new position in Capital Group Dividend Value ETF in the 1st quarter valued at $58,000. Finally, Bellevue Asset Management LLC bought a new position in Capital Group Dividend Value ETF in the 1st quarter valued at $62,000.

Capital Group Dividend Value ETF Stock Performance

CGDV stock traded down $0.31 during midday trading on Wednesday, reaching $49.51. The company’s stock had a trading volume of 3,346,238 shares, compared to its average volume of 4,173,219. Capital Group Dividend Value ETF has a 1 year low of $41.24 and a 1 year high of $51.63. The firm has a market capitalization of $38.97 billion, a price-to-earnings ratio of 26.59 and a beta of 0.88. The stock has a fifty day simple moving average of $49.89 and a two-hundred day simple moving average of $48.05.

Capital Group Dividend Value ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, October 1st. Stockholders of record on Wednesday, September 30th were issued a $0.1522 dividend. The ex-dividend date was Wednesday, September 30th. This is a boost from Capital Group Dividend Value ETF’s previous quarterly dividend of $0.1471. This represents a $0.61 dividend on an annualized basis and a dividend yield of 1.2%.

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. CGDV was launched on Feb 22, 2022 and is managed by Capital Group.