Hopwood Nicholas Hunter Acquires Shares of 108,680 Capital Group Dividend Value ETF $CGDV

Hopwood Nicholas Hunter bought a new position in Capital Group Dividend Value ETF (NYSEARCA:CGDV) during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 108,680 shares of the company’s stock, valued at approximately $5,356,000. Capital Group Dividend Value ETF comprises 1.5% of Hopwood Nicholas Hunter’s holdings, making the stock its 20th largest holding.

Several other institutional investors also recently modified their holdings of the business. Flagship Wealth Advisors LLC bought a new stake in Capital Group Dividend Value ETF during the fourth quarter worth $32,000. Tucker Asset Management LLC purchased a new stake in shares of Capital Group Dividend Value ETF during the 4th quarter valued at $32,000. Triumph Capital Management purchased a new stake in shares of Capital Group Dividend Value ETF during the 3rd quarter valued at $32,000. TD Capital Management LLC bought a new stake in shares of Capital Group Dividend Value ETF during the 4th quarter worth $34,000. Finally, Bayban bought a new stake in shares of Capital Group Dividend Value ETF during the 1st quarter worth $36,000.

Capital Group Dividend Value ETF Stock Performance

Shares of NYSEARCA:CGDV opened at $50.08 on Friday. The company has a market capitalization of $37.98 billion, a P/E ratio of 26.59 and a beta of 0.88. The company’s 50-day moving average is $49.78 and its 200 day moving average is $47.36. Capital Group Dividend Value ETF has a fifty-two week low of $41.08 and a fifty-two week high of $51.63.

Capital Group Dividend Value ETF Increases Dividend

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

About Capital Group Dividend Value ETF

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.