Capital Group Dividend Value ETF $CGDV Stock Holdings Lifted by Cooper Financial Group

Cooper Financial Group increased its position in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 32.8% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 90,495 shares of the company’s stock after buying an additional 22,375 shares during the period. Cooper Financial Group’s holdings in Capital Group Dividend Value ETF were worth $4,421,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of the business. TD Capital Management LLC bought a new position in shares of Capital Group Dividend Value ETF in the fourth quarter worth about $34,000. Bayban bought a new stake in Capital Group Dividend Value ETF during the 1st quarter valued at approximately $36,000. CoreCap Advisors LLC lifted its holdings in 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 purchasing an additional 218 shares in the last quarter. Torren Management LLC bought a new position in Capital Group Dividend Value ETF in the 1st quarter worth approximately $58,000. Finally, Bellevue Asset Management LLC bought a new stake in shares of Capital Group Dividend Value ETF during the first quarter valued at approximately $62,000.

Capital Group Dividend Value ETF Trading Down 0.6%

Shares of NYSEARCA:CGDV traded down $0.31 during midday trading on Wednesday, reaching $49.51. 3,346,238 shares of the company were exchanged, compared to its average volume of 4,173,219. The stock has a market cap of $38.97 billion, a PE ratio of 26.59 and a beta of 0.88. The business’s fifty day moving average is $49.89 and its two-hundred day moving average is $48.05. Capital Group Dividend Value ETF has a one year low of $41.24 and a one year high of $51.63.

Capital Group Dividend Value ETF Increases Dividend

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

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.