Kaizen Financial Strategies Sells 20,846 Shares of Capital Group Dividend Value ETF $CGDV

Kaizen Financial Strategies decreased its stake in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 7.8% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 245,374 shares of the company’s stock after selling 20,846 shares during the period. Capital Group Dividend Value ETF makes up 4.9% of Kaizen Financial Strategies’ investment portfolio, making the stock its 3rd largest holding. Kaizen Financial Strategies’ holdings in Capital Group Dividend Value ETF were worth $11,987,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Lincoln Capital LLC grew its position in Capital Group Dividend Value ETF by 20.4% during the third quarter. Lincoln Capital LLC now owns 29,258 shares of the company’s stock worth $1,430,000 after buying an additional 4,950 shares during the period. Bill Few Associates Inc. lifted its position in shares of Capital Group Dividend Value ETF by 25.2% during the 3rd quarter. Bill Few Associates Inc. now owns 195,237 shares of the company’s stock valued at $9,537,000 after acquiring an additional 39,329 shares during the period. Farther Finance Advisors LLC lifted its position in shares of Capital Group Dividend Value ETF by 7.5% during the 3rd quarter. Farther Finance Advisors LLC now owns 458,445 shares of the company’s stock valued at $22,395,000 after acquiring an additional 31,954 shares during the period. CoreCap Advisors LLC boosted its stake in shares of Capital Group Dividend Value ETF by 61.1% during the 3rd quarter. CoreCap Advisors LLC now owns 2,155 shares of the company’s stock worth $105,000 after acquiring an additional 817 shares in the last quarter. Finally, Titleist Asset Management LLC boosted its stake in shares of Capital Group Dividend Value ETF by 4.5% during the 3rd quarter. Titleist Asset Management LLC now owns 122,340 shares of the company’s stock worth $5,976,000 after acquiring an additional 5,274 shares in the last quarter.

Capital Group Dividend Value ETF Stock Up 0.6%

Shares of CGDV traded up $0.30 on Friday, reaching $49.55. The stock had a trading volume of 2,368,724 shares, compared to its average volume of 4,160,687. Capital Group Dividend Value ETF has a twelve month low of $41.24 and a twelve month high of $51.63. The firm has a market capitalization of $39.00 billion, a PE ratio of 26.59 and a beta of 0.88. The firm has a 50-day moving average of $49.92 and a 200 day moving average of $48.15.

Capital Group Dividend Value ETF Increases Dividend

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

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.