Capital Group Dividend Value ETF $CGDV Holdings Raised by Prime Capital Investment Advisors LLC

Prime Capital Investment Advisors LLC boosted its position in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 14.0% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 217,319 shares of the company’s stock after purchasing an additional 26,711 shares during the period. Prime Capital Investment Advisors LLC’s holdings in Capital Group Dividend Value ETF were worth $10,616,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of CGDV. Bayban acquired a new position in Capital Group Dividend Value ETF in the 1st quarter valued at about $36,000. Torren Management LLC acquired a new stake in shares of Capital Group Dividend Value ETF during the 1st quarter worth approximately $58,000. Bellevue Asset Management LLC acquired a new stake in shares of Capital Group Dividend Value ETF during the 1st quarter worth approximately $62,000. CoreCap Advisors LLC increased its holdings in shares of Capital Group Dividend Value ETF by 19.5% during the 2nd quarter. CoreCap Advisors LLC now owns 1,338 shares of the company’s stock worth $66,000 after buying an additional 218 shares during the last quarter. Finally, Beacon Financial Strategies CORP purchased a new stake in shares of Capital Group Dividend Value ETF during the 2nd quarter valued at approximately $79,000.

Capital Group Dividend Value ETF Stock Performance

CGDV stock opened at $49.17 on Wednesday. Capital Group Dividend Value ETF has a one year low of $41.31 and a one year high of $51.63. The firm has a market cap of $38.99 billion, a PE ratio of 26.59 and a beta of 0.88. The firm’s 50 day moving average price is $49.67 and its 200-day moving average price is $48.53.

Capital Group Dividend Value ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, October 1st. Shareholders of record on Wednesday, September 30th were paid a dividend of $0.1522 per share. This represents a $0.61 annualized dividend 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 of this dividend 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.