Capital Group Dividend Value ETF $CGDV Stock Holdings Raised by Fifth Third Securities Inc.

Fifth Third Securities Inc. increased its position in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 18.9% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 92,265 shares of the company’s stock after acquiring an additional 14,669 shares during the period. Fifth Third Securities Inc.’s holdings in Capital Group Dividend Value ETF were worth $4,507,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of CGDV. Bayban purchased a new stake in Capital Group Dividend Value ETF in the first quarter worth approximately $36,000. Torren Management LLC purchased a new stake in shares of Capital Group Dividend Value ETF during the 1st quarter valued at about $58,000. Bellevue Asset Management LLC purchased a new stake in shares of Capital Group Dividend Value ETF during the 1st quarter valued at about $62,000. CoreCap Advisors LLC raised its position in Capital Group Dividend Value ETF by 19.5% in the second quarter. CoreCap Advisors LLC now owns 1,338 shares of the company’s stock worth $66,000 after acquiring an additional 218 shares during the period. Finally, Beacon Financial Strategies CORP purchased a new stake in shares of Capital Group Dividend Value ETF in the 2nd quarter worth $79,000.

Capital Group Dividend Value ETF Stock Performance

Shares of NYSEARCA CGDV traded up $0.04 during trading on Wednesday, hitting $49.22. The company had a trading volume of 1,148,565 shares, compared to its average volume of 4,099,258. Capital Group Dividend Value ETF has a 12 month low of $41.31 and a 12 month high of $51.63. The firm has a market capitalization of $39.03 billion, a P/E ratio of 26.59 and a beta of 0.88. The stock has a 50 day simple moving average of $49.67 and a 200 day simple moving average of $48.53.

Capital Group Dividend Value ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, October 1st. Stockholders of record on Wednesday, September 30th were given a $0.1522 dividend. 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 annualized dividend and a dividend 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.