Capital Group Dividend Value ETF $CGDV Shares Acquired by Bill Few Associates Inc.

Bill Few Associates Inc. increased its holdings in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 25.2% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 195,237 shares of the company’s stock after acquiring an additional 39,329 shares during the period. Capital Group Dividend Value ETF makes up about 1.8% of Bill Few Associates Inc.’s portfolio, making the stock its 9th largest holding. Bill Few Associates Inc.’s holdings in Capital Group Dividend Value ETF were worth $9,537,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of CGDV. TD Capital Management LLC purchased a new position in Capital Group Dividend Value ETF during the fourth quarter worth approximately $34,000. Bayban purchased a new stake in shares of Capital Group Dividend Value ETF in the first quarter valued at approximately $36,000. Torren Management LLC acquired a new position in shares of Capital Group Dividend Value ETF during the 1st quarter worth approximately $58,000. Bellevue Asset Management LLC acquired a new position in shares of Capital Group Dividend Value ETF during the 1st quarter worth approximately $62,000. Finally, CoreCap Advisors LLC lifted its position in shares of 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 buying an additional 218 shares in the last quarter.

Capital Group Dividend Value ETF Stock Performance

Capital Group Dividend Value ETF stock traded up $0.30 during trading on Friday, reaching $49.55. The company had a trading volume of 2,368,724 shares, compared to its average volume of 4,160,687. The firm’s 50-day simple moving average is $49.92 and its 200 day simple moving average is $48.15. 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 $39.00 billion, a PE ratio of 26.59 and a beta of 0.88.

Capital Group Dividend Value ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 1st. Shareholders of record on Wednesday, September 30th were issued a dividend of $0.1522 per share. The ex-dividend date of this dividend was Wednesday, September 30th. This is a positive change from Capital Group Dividend Value ETF’s previous quarterly dividend of $0.1471. This represents a $0.61 annualized dividend and a 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.