Creekside Partners Purchases 1,537 Shares of Capital Group Dividend Value ETF $CGDV

Creekside Partners lifted its position in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 24.6% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 7,794 shares of the company’s stock after acquiring an additional 1,537 shares during the quarter. Creekside Partners’ holdings in Capital Group Dividend Value ETF were worth $308,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in CGDV. Farther Finance Advisors LLC lifted its holdings in shares of Capital Group Dividend Value ETF by 473.3% in the 1st quarter. Farther Finance Advisors LLC now owns 9,224 shares of the company’s stock worth $330,000 after acquiring an additional 7,615 shares during the last quarter. CX Institutional bought a new stake in Capital Group Dividend Value ETF during the 1st quarter valued at about $58,000. Fifth Third Bancorp bought a new stake in Capital Group Dividend Value ETF during the 1st quarter valued at about $37,000. Wealth Enhancement Advisory Services LLC lifted its holdings in Capital Group Dividend Value ETF by 5.7% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 1,619,216 shares of the company’s stock valued at $57,709,000 after buying an additional 86,823 shares in the last quarter. Finally, Vicus Capital bought a new stake in Capital Group Dividend Value ETF during the 1st quarter valued at about $258,000.

Capital Group Dividend Value ETF Price Performance

Shares of CGDV opened at $41.90 on Thursday. Capital Group Dividend Value ETF has a 1-year low of $30.94 and a 1-year high of $42.66. The company has a 50-day moving average of $41.62 and a 200 day moving average of $38.85. The firm has a market capitalization of $22.83 billion, a price-to-earnings ratio of 26.59 and a beta of 0.91.

Capital Group Dividend Value ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, October 1st. Investors of record on Tuesday, September 30th were issued a dividend of $0.1359 per share. This represents a $0.54 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date was Tuesday, September 30th. This is a positive change from Capital Group Dividend Value ETF’s previous quarterly dividend of $0.13.

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.