Capital Group Dividend Value ETF (NYSEARCA:CGDV) Position Raised by Capital International Investors

Capital International Investors boosted its position in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 1.1% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 23,536,765 shares of the company’s stock after purchasing an additional 253,414 shares during the period. Capital International Investors owned approximately 10.33% of Capital Group Dividend Value ETF worth $829,906,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in CGDV. Venturi Wealth Management LLC bought a new stake in Capital Group Dividend Value ETF during the fourth quarter worth approximately $47,000. PNC Financial Services Group Inc. acquired a new position in shares of Capital Group Dividend Value ETF in the 4th quarter worth $55,000. Blue Trust Inc. raised its position in shares of Capital Group Dividend Value ETF by 33.3% during the fourth quarter. Blue Trust Inc. now owns 1,600 shares of the company’s stock worth $58,000 after purchasing an additional 400 shares during the period. Oakworth Capital Inc. acquired a new position in shares of Capital Group Dividend Value ETF in the 4th quarter valued at $129,000. Finally, Westside Investment Management Inc. increased its stake in Capital Group Dividend Value ETF by 1,595.7% in the 4th quarter. Westside Investment Management Inc. now owns 3,900 shares of the company’s stock worth $138,000 after purchasing an additional 3,670 shares in the last quarter.

Capital Group Dividend Value ETF Trading Down 0.4 %

CGDV stock opened at $33.50 on Friday. Capital Group Dividend Value ETF has a one year low of $30.94 and a one year high of $37.38. The firm has a 50-day moving average of $35.57 and a two-hundred day moving average of $36.06. The firm has a market capitalization of $13.60 billion, a PE ratio of 24.24 and a beta of 0.89.

Capital Group Dividend Value ETF Dividend Announcement

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