20,441 Capital Group Dividend Value ETF $CGDV Shares Bought by Latitude Advisors LLC

Latitude Advisors LLC grew its position in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 21.2% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 116,781 shares of the company’s stock after buying an additional 20,441 shares during the period. Capital Group Dividend Value ETF accounts for approximately 1.8% of Latitude Advisors LLC’s investment portfolio, making the stock its 5th largest position. Latitude Advisors LLC’s holdings in Capital Group Dividend Value ETF were worth $5,705,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in CGDV. Investment Advisory Services Inc. TX ADV raised its position in shares of Capital Group Dividend Value ETF by 13.8% during the 3rd quarter. Investment Advisory Services Inc. TX ADV now owns 43,740 shares of the company’s stock valued at $2,137,000 after buying an additional 5,296 shares during the period. Roman Butler Fullerton & Co. lifted its holdings in Capital Group Dividend Value ETF by 29.4% in the third quarter. Roman Butler Fullerton & Co. now owns 19,422 shares of the company’s stock valued at $952,000 after acquiring an additional 4,415 shares during the last quarter. Total Clarity Wealth Management Inc. grew its position in Capital Group Dividend Value ETF by 37.7% in the third quarter. Total Clarity Wealth Management Inc. now owns 80,930 shares of the company’s stock worth $3,953,000 after acquiring an additional 22,170 shares during the period. Oppenheimer & Co. Inc. grew its position in Capital Group Dividend Value ETF by 15.6% in the third quarter. Oppenheimer & Co. Inc. now owns 335,268 shares of the company’s stock worth $16,378,000 after acquiring an additional 45,153 shares during the period. Finally, WESPAC Advisors LLC grew its position in Capital Group Dividend Value ETF by 1.9% in the third quarter. WESPAC Advisors LLC now owns 82,132 shares of the company’s stock worth $4,012,000 after acquiring an additional 1,520 shares during the period.

Capital Group Dividend Value ETF Trading Up 0.6%

Shares of NYSEARCA:CGDV opened at $49.14 on Wednesday. The company has a market capitalization of $39.76 billion, a price-to-earnings ratio of 26.59 and a beta of 0.88. Capital Group Dividend Value ETF has a 12-month low of $41.31 and a 12-month high of $51.63. The business has a 50-day moving average price of $49.47 and a 200 day moving average price of $47.37.

Capital Group Dividend Value ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 1st. Investors of record on Wednesday, September 30th were given a dividend of $0.1522 per share. This represents a $0.61 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date of this dividend was Wednesday, September 30th. This is an increase 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.