Kera Capital Partners Inc. Increases Holdings in Capital Group Dividend Value ETF $CGDV

Kera Capital Partners Inc. grew its position in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 15.0% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 392,273 shares of the company’s stock after buying an additional 51,313 shares during the quarter. Capital Group Dividend Value ETF accounts for approximately 2.5% of Kera Capital Partners Inc.’s investment portfolio, making the stock its 6th largest holding. Kera Capital Partners Inc.’s holdings in Capital Group Dividend Value ETF were worth $16,487,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in the business. Ameriprise Financial Inc. raised its holdings in shares of Capital Group Dividend Value ETF by 1.7% in the second quarter. Ameriprise Financial Inc. now owns 16,080 shares of the company’s stock valued at $635,000 after buying an additional 263 shares during the last quarter. Fiduciary Alliance LLC raised its stake in shares of Capital Group Dividend Value ETF by 0.9% in the third quarter. Fiduciary Alliance LLC now owns 31,880 shares of the company’s stock worth $1,340,000 after acquiring an additional 276 shares during the last quarter. Blue Trust Inc. raised its stake in shares of Capital Group Dividend Value ETF by 26.8% in the second quarter. Blue Trust Inc. now owns 1,522 shares of the company’s stock worth $60,000 after acquiring an additional 322 shares during the last quarter. United Advisor Group LLC raised its position in Capital Group Dividend Value ETF by 4.3% in the 2nd quarter. United Advisor Group LLC now owns 8,976 shares of the company’s stock worth $354,000 after purchasing an additional 374 shares during the last quarter. Finally, Signature Wealth Management Group lifted its holdings in Capital Group Dividend Value ETF by 3.3% during the 2nd quarter. Signature Wealth Management Group now owns 12,632 shares of the company’s stock worth $499,000 after buying an additional 406 shares in the last quarter.

Capital Group Dividend Value ETF Stock Performance

NYSEARCA CGDV opened at $44.44 on Wednesday. The stock has a market capitalization of $28.89 billion, a P/E 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 $44.60. The stock has a fifty day moving average of $43.49 and a 200-day moving average of $42.15.

Capital Group Dividend Value ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, December 29th. Shareholders of record on Friday, December 26th were given a dividend of $0.1928 per share. 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 boost from Capital Group Dividend Value ETF’s previous quarterly dividend of $0.14.

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.