39,108 Capital Group Dividend Value ETF $CGDV Shares Acquired by Landaas & Co. WI ADV

Landaas & Co. WI ADV boosted its holdings in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 39.1% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 139,236 shares of the company’s stock after buying an additional 39,108 shares during the quarter. Capital Group Dividend Value ETF comprises approximately 1.1% of Landaas & Co. WI ADV’s investment portfolio, making the stock its 12th biggest holding. Landaas & Co. WI ADV’s holdings in Capital Group Dividend Value ETF were worth $6,802,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in CGDV. Cetera Investment Advisers lifted its position in Capital Group Dividend Value ETF by 12.0% during the first quarter. Cetera Investment Advisers now owns 18,359,294 shares of the company’s stock worth $781,004,000 after buying an additional 1,959,868 shares during the period. Bank of America Corp DE boosted its stake in Capital Group Dividend Value ETF by 7.0% in the 1st quarter. Bank of America Corp DE now owns 17,913,033 shares of the company’s stock worth $762,020,000 after buying an additional 1,166,097 shares during the last quarter. Advance Capital Management Inc. grew its holdings in Capital Group Dividend Value ETF by 1.4% in the 1st quarter. Advance Capital Management Inc. now owns 10,192,029 shares of the company’s stock valued at $433,569,000 after buying an additional 140,796 shares during the period. Royal Bank of Canada grew its holdings in Capital Group Dividend Value ETF by 19.6% in the 1st quarter. Royal Bank of Canada now owns 7,479,465 shares of the company’s stock valued at $318,176,000 after buying an additional 1,223,486 shares during the period. Finally, Kestra Advisory Services LLC grew its holdings in Capital Group Dividend Value ETF by 14.9% in the 1st quarter. Kestra Advisory Services LLC now owns 5,857,420 shares of the company’s stock valued at $249,175,000 after buying an additional 760,675 shares during the period.

Capital Group Dividend Value ETF Price Performance

NYSEARCA CGDV opened at $48.67 on Tuesday. The company has a market cap of $38.77 billion, a P/E ratio of 26.59 and a beta of 0.88. Capital Group Dividend Value ETF has a 12 month low of $41.31 and a 12 month high of $51.63. The company has a 50-day moving average of $49.38 and a 200-day moving average of $47.46.

Capital Group Dividend Value ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, October 1st. Investors of record on Wednesday, September 30th were issued a $0.1522 dividend. The ex-dividend date was Wednesday, September 30th. This is a positive change 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 1.3%.

Capital Group Dividend Value ETF 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.