Sunrise Financial Services LLC boosted its stake in Capital Group Dividend Value ETF (NYSEARCA:CGDV – Free Report) by 9.6% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 516,076 shares of the company’s stock after buying an additional 45,391 shares during the period. Capital Group Dividend Value ETF accounts for 14.0% of Sunrise Financial Services LLC’s portfolio, making the stock its biggest holding. Sunrise Financial Services LLC owned about 0.07% of Capital Group Dividend Value ETF worth $25,210,000 as of its most recent filing with the Securities & Exchange Commission.
Several other large investors have also recently bought and sold shares of the stock. Bayban bought a new stake in shares of Capital Group Dividend Value ETF during the 1st quarter worth about $36,000. CoreCap Advisors LLC lifted its stake in shares of Capital Group Dividend Value ETF by 19.5% in the 2nd 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 period. Torren Management LLC acquired a new stake in shares of Capital Group Dividend Value ETF in the 1st quarter worth approximately $58,000. Bellevue Asset Management LLC acquired a new stake in shares of Capital Group Dividend Value ETF in the 1st quarter worth approximately $62,000. Finally, Beacon Financial Strategies CORP bought a new position in shares of Capital Group Dividend Value ETF in the second quarter valued at approximately $79,000.
Capital Group Dividend Value ETF Price Performance
Capital Group Dividend Value ETF stock opened at $49.18 on Thursday. Capital Group Dividend Value ETF has a 12-month low of $41.31 and a 12-month high of $51.63. The stock has a market capitalization of $39.00 billion, a PE ratio of 26.59 and a beta of 0.88. The firm has a 50 day simple moving average of $49.63 and a 200-day simple moving average of $48.58.
Capital Group Dividend Value ETF Increases Dividend
The company also recently announced a quarterly dividend, which was paid on Thursday, October 1st. Shareholders of record on Wednesday, September 30th were given a $0.1522 dividend. This represents a $0.61 dividend on an annualized basis and a yield of 1.2%. This is a positive change from Capital Group Dividend Value ETF’s previous quarterly dividend of $0.1471. The ex-dividend date was Wednesday, September 30th.
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.
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