World Investment Advisors Boosts Stock Position in Capital Group Dividend Value ETF $CGDV

World Investment Advisors increased its holdings in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV – Free Report) by 11.5% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 280,080 shares of the company’s stock after buying an additional 28,895 shares during the period. World Investment Advisors owned about 0.05% of Capital Group Dividend Value ETF worth $11,772,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently added to or reduced their stakes in CGDV. Jane Street Group LLC raised its position in Capital Group Dividend Value ETF by 51.9% during the first quarter. Jane Street Group LLC now owns 734,962 shares of the company’s stock worth $26,194,000 after acquiring an additional 250,994 shares during the period. Gerber Kawasaki Wealth & Investment Management increased its stake in shares of Capital Group Dividend Value ETF by 0.6% during the first quarter. Gerber Kawasaki Wealth & Investment Management now owns 833,204 shares of the company’s stock worth $29,695,000 after purchasing an additional 5,213 shares in the last quarter. Vermillion & White Wealth Management Group LLC acquired a new position in shares of Capital Group Dividend Value ETF during the 1st quarter worth about $83,000. Baird Financial Group Inc. raised its position in shares of Capital Group Dividend Value ETF by 15.6% during the 1st quarter. Baird Financial Group Inc. now owns 1,743,851 shares of the company’s stock worth $62,151,000 after purchasing an additional 235,303 shares during the last quarter. Finally, KMT Wealth Management LLC acquired a new stake in Capital Group Dividend Value ETF in the 1st quarter worth about $221,000.

Capital Group Dividend Value ETF Trading Up 0.3%

NYSEARCA:CGDV opened at $44.22 on Thursday. The stock has a 50 day moving average of $43.05 and a two-hundred day moving average of $41.58. Capital Group Dividend Value ETF has a 12 month low of $30.94 and a 12 month high of $44.26. The firm has a market cap of $24.95 billion, a P/E ratio of 26.59 and a beta of 0.89.

Capital Group Dividend Value ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, October 1st. Investors of record on Tuesday, September 30th were given a dividend of $0.1359 per share. The ex-dividend date was Tuesday, September 30th. This is a positive change from Capital Group Dividend Value ETF’s previous quarterly dividend of $0.13. This represents a $0.54 annualized dividend and a dividend yield of 1.2%.

Capital Group Dividend Value ETF 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.

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