Quantum Financial Partners LLC Sells 19,210 Shares of Capital Group Dividend Value ETF $CGDV

Quantum Financial Partners LLC decreased its holdings in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 32.5% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 39,898 shares of the company’s stock after selling 19,210 shares during the period. Capital Group Dividend Value ETF comprises approximately 1.0% of Quantum Financial Partners LLC’s holdings, making the stock its 28th largest holding. Quantum Financial Partners LLC’s holdings in Capital Group Dividend Value ETF were worth $1,949,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in CGDV. Ballew Advisors Inc raised its position in Capital Group Dividend Value ETF by 1.5% in the 3rd quarter. Ballew Advisors Inc now owns 13,713 shares of the company’s stock valued at $675,000 after purchasing an additional 203 shares in the last quarter. Symphony Financial Ltd. Co. lifted its stake in Capital Group Dividend Value ETF by 3.8% in the second quarter. Symphony Financial Ltd. Co. now owns 5,641 shares of the company’s stock worth $278,000 after acquiring an additional 204 shares during the last quarter. CoreCap Advisors LLC lifted its stake in Capital Group Dividend Value ETF by 19.5% in the second quarter. CoreCap Advisors LLC now owns 1,338 shares of the company’s stock worth $66,000 after acquiring an additional 218 shares during the last quarter. Berger Financial Group Inc lifted its stake in Capital Group Dividend Value ETF by 3.1% in the first quarter. Berger Financial Group Inc now owns 7,519 shares of the company’s stock worth $320,000 after acquiring an additional 224 shares during the last quarter. Finally, TD Waterhouse Canada Inc. grew its holdings in Capital Group Dividend Value ETF by 11.5% during the 3rd quarter. TD Waterhouse Canada Inc. now owns 2,175 shares of the company’s stock worth $106,000 after acquiring an additional 225 shares in the last quarter.

Capital Group Dividend Value ETF Stock Performance

Shares of NYSEARCA:CGDV traded up $0.20 during trading hours on Monday, reaching $49.13. The stock had a trading volume of 1,230,184 shares, compared to its average volume of 4,115,556. Capital Group Dividend Value ETF has a 1 year low of $41.31 and a 1 year high of $51.63. The firm’s 50 day moving average is $49.76 and its 200-day moving average is $48.44. The stock has a market capitalization of $38.89 billion, a price-to-earnings ratio of 26.59 and a beta of 0.88.

Capital Group Dividend Value ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, October 1st. Shareholders of record on Wednesday, September 30th were paid a $0.1522 dividend. This is a boost from Capital Group Dividend Value ETF’s previous quarterly dividend of $0.1471. This represents a $0.61 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date was Wednesday, September 30th.

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.