Capital Group Dividend Value ETF $CGDV Shares Acquired by Stratos Wealth Partners LTD.

Stratos Wealth Partners LTD. increased its stake in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 69.7% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 164,704 shares of the company’s stock after purchasing an additional 67,666 shares during the period. Stratos Wealth Partners LTD.’s holdings in Capital Group Dividend Value ETF were worth $6,923,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of CGDV. Washington Trust Advisors Inc. acquired a new position in shares of Capital Group Dividend Value ETF during the second quarter valued at approximately $29,000. FNY Investment Advisers LLC purchased a new stake in shares of Capital Group Dividend Value ETF during the second quarter worth approximately $35,000. MassMutual Private Wealth & Trust FSB raised its stake in Capital Group Dividend Value ETF by 38,200.0% in the 3rd quarter. MassMutual Private Wealth & Trust FSB now owns 1,149 shares of the company’s stock valued at $48,000 after purchasing an additional 1,146 shares during the last quarter. Banco de Sabadell S.A purchased a new position in Capital Group Dividend Value ETF in the 2nd quarter valued at $47,000. Finally, Trust Co. of Vermont boosted its stake in Capital Group Dividend Value ETF by 83.0% during the 3rd quarter. Trust Co. of Vermont now owns 1,347 shares of the company’s stock worth $57,000 after purchasing an additional 611 shares during the last quarter.

Capital Group Dividend Value ETF Stock Down 0.8%

Capital Group Dividend Value ETF stock opened at $45.29 on Friday. The company has a fifty day simple moving average of $44.27 and a 200-day simple moving average of $42.79. The firm has a market capitalization of $28.92 billion, a price-to-earnings ratio of 26.59 and a beta of 0.89. Capital Group Dividend Value ETF has a 52-week low of $30.94 and a 52-week high of $46.01.

Capital Group Dividend Value ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 29th. Shareholders of record on Friday, December 26th were issued a $0.1928 dividend. This represents a $0.77 dividend on an annualized basis and a yield of 1.7%. The ex-dividend date was Friday, December 26th. This is a positive change from Capital Group Dividend Value ETF’s previous quarterly dividend of $0.14.

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.