Private Trust Co. NA Acquires 10,894 Shares of Capital Group Dividend Value ETF $CGDV

Private Trust Co. NA boosted its holdings in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 54.4% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 30,935 shares of the company’s stock after purchasing an additional 10,894 shares during the quarter. Private Trust Co. NA’s holdings in Capital Group Dividend Value ETF were worth $1,222,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. LPL Financial LLC boosted its position in shares of Capital Group Dividend Value ETF by 34.0% during the first quarter. LPL Financial LLC now owns 29,452,035 shares of the company’s stock worth $1,049,670,000 after acquiring an additional 7,468,408 shares during the last quarter. Envestnet Asset Management Inc. lifted its stake in Capital Group Dividend Value ETF by 36.6% in the 1st quarter. Envestnet Asset Management Inc. now owns 15,207,625 shares of the company’s stock worth $542,000,000 after purchasing an additional 4,071,484 shares in the last quarter. D.A. Davidson & CO. grew its position in shares of Capital Group Dividend Value ETF by 739.0% during the first quarter. D.A. Davidson & CO. now owns 3,241,910 shares of the company’s stock valued at $115,542,000 after purchasing an additional 2,855,493 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its holdings in shares of Capital Group Dividend Value ETF by 19.1% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 13,831,238 shares of the company’s stock worth $492,945,000 after purchasing an additional 2,220,112 shares during the last quarter. Finally, HighTower Advisors LLC lifted its position in shares of Capital Group Dividend Value ETF by 378.6% in the first quarter. HighTower Advisors LLC now owns 2,493,381 shares of the company’s stock worth $88,864,000 after buying an additional 1,972,404 shares in the last quarter.

Capital Group Dividend Value ETF Trading Up 0.2%

Shares of Capital Group Dividend Value ETF stock opened at $41.77 on Friday. The firm has a market cap of $22.76 billion, a PE ratio of 26.59 and a beta of 0.91. The stock has a 50 day moving average of $41.67 and a 200 day moving average of $38.93. Capital Group Dividend Value ETF has a 12 month low of $30.94 and a 12 month high of $42.66.

Capital Group Dividend Value ETF Increases Dividend

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

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.