William John Sempolinski Makes New $9.45 Million Investment in Capital Group Dividend Value ETF $CGDV

William John Sempolinski bought a new stake in Capital Group Dividend Value ETF (NYSEARCA:CGDVFree Report) during the second quarter, Holdings Channel.com reports. The firm bought 191,760 shares of the company’s stock, valued at approximately $9,450,000. Capital Group Dividend Value ETF makes up about 3.8% of William John Sempolinski’s holdings, making the stock its 4th biggest holding.

Other institutional investors have also modified their holdings of the company. Triumph Capital Management bought a new stake in Capital Group Dividend Value ETF in the 3rd quarter valued at about $32,000. Tucker Asset Management LLC bought a new position in Capital Group Dividend Value ETF in the 4th quarter worth about $32,000. Flagship Wealth Advisors LLC acquired a new stake in shares of Capital Group Dividend Value ETF in the fourth quarter valued at approximately $32,000. TD Capital Management LLC acquired a new stake in shares of Capital Group Dividend Value ETF in the fourth quarter valued at approximately $34,000. Finally, Bayban bought a new stake in shares of Capital Group Dividend Value ETF during the first quarter valued at approximately $36,000.

Capital Group Dividend Value ETF Trading Down 0.0%

CGDV opened at $50.08 on Friday. The business’s 50 day moving average is $49.78 and its 200-day moving average is $47.36. The stock has a market cap of $37.98 billion, a PE ratio of 26.59 and a beta of 0.88. Capital Group Dividend Value ETF has a twelve month low of $41.08 and a twelve month high of $51.63.

Capital Group Dividend Value ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, July 1st. Investors of record on Tuesday, June 30th were given a $0.1471 dividend. The ex-dividend date was Tuesday, June 30th. This represents a $0.59 annualized dividend and a yield of 1.2%. This is an increase from Capital Group Dividend Value ETF’s previous quarterly dividend of $0.11.

Capital Group Dividend Value ETF Company Profile

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding CGDV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Capital Group Dividend Value ETF (NYSEARCA:CGDVFree Report).

Institutional Ownership by Quarter for Capital Group Dividend Value ETF (NYSEARCA:CGDV)

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