AA Financial Advisors LLC Has $22.31 Million Stake in Capital Group Dividend Value ETF (NYSEARCA:CGDV)

AA Financial Advisors LLC boosted its stake in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 140.4% in the 1st quarter, HoldingsChannel.com reports. The fund owned 626,013 shares of the company’s stock after buying an additional 365,595 shares during the period. Capital Group Dividend Value ETF comprises 5.4% of AA Financial Advisors LLC’s holdings, making the stock its 2nd biggest position. AA Financial Advisors LLC’s holdings in Capital Group Dividend Value ETF were worth $22,311,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently bought and sold shares of the stock. Stephens Inc. AR bought a new stake in shares of Capital Group Dividend Value ETF in the fourth quarter worth about $247,000. Allworth Financial LP grew its holdings in Capital Group Dividend Value ETF by 7.5% during the 4th quarter. Allworth Financial LP now owns 144,526 shares of the company’s stock valued at $5,236,000 after buying an additional 10,116 shares in the last quarter. Strategic Financial Concepts LLC bought a new stake in Capital Group Dividend Value ETF in the 4th quarter worth approximately $258,000. Sanctuary Advisors LLC raised its holdings in shares of Capital Group Dividend Value ETF by 4.7% during the 4th quarter. Sanctuary Advisors LLC now owns 646,691 shares of the company’s stock worth $23,876,000 after acquiring an additional 28,809 shares in the last quarter. Finally, Truist Financial Corp boosted its position in shares of Capital Group Dividend Value ETF by 25.2% during the 4th quarter. Truist Financial Corp now owns 1,025,705 shares of the company’s stock valued at $36,166,000 after acquiring an additional 206,773 shares during the last quarter.

Capital Group Dividend Value ETF Stock Performance

CGDV stock opened at $38.60 on Tuesday. Capital Group Dividend Value ETF has a fifty-two week low of $30.94 and a fifty-two week high of $38.76. The firm has a market cap of $17.43 billion, a PE ratio of 26.38 and a beta of 0.90. The firm has a fifty day moving average price of $36.00 and a 200 day moving average price of $36.02.

Capital Group Dividend Value ETF Dividend Announcement

The business also recently declared a dividend, which was paid on Tuesday, April 1st. Investors of record on Monday, March 31st were given a $0.1067 dividend. The ex-dividend date was Monday, March 31st.

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.