22,347 Capital Group Dividend Value ETF $CGDV Shares Bought by M Holdings Securities Inc.

M Holdings Securities Inc. increased its stake in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 29.0% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 99,377 shares of the company’s stock after acquiring an additional 22,347 shares during the quarter. M Holdings Securities Inc.’s holdings in Capital Group Dividend Value ETF were worth $4,839,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Cetera Investment Advisers raised its stake in shares of Capital Group Dividend Value ETF by 12.0% in the first quarter. Cetera Investment Advisers now owns 18,359,294 shares of the company’s stock valued at $781,004,000 after purchasing an additional 1,959,868 shares in the last quarter. Bank of America Corp DE increased its position in shares of Capital Group Dividend Value ETF by 7.0% during the 1st quarter. Bank of America Corp DE now owns 17,913,033 shares of the company’s stock worth $762,020,000 after purchasing an additional 1,166,097 shares in the last quarter. Kestra Advisory Services LLC lifted its holdings in Capital Group Dividend Value ETF by 9.4% during the 3rd quarter. Kestra Advisory Services LLC now owns 7,609,979 shares of the company’s stock valued at $371,747,000 after purchasing an additional 654,911 shares during the last quarter. Royal Bank of Canada lifted its holdings in Capital Group Dividend Value ETF by 19.6% during the 1st quarter. Royal Bank of Canada now owns 7,479,465 shares of the company’s stock valued at $318,176,000 after purchasing an additional 1,223,486 shares during the last quarter. Finally, D.A. Davidson & CO. boosted its position in Capital Group Dividend Value ETF by 1.3% in the third quarter. D.A. Davidson & CO. now owns 3,780,677 shares of the company’s stock valued at $184,686,000 after buying an additional 48,151 shares in the last quarter.

Capital Group Dividend Value ETF Stock Performance

Shares of Capital Group Dividend Value ETF stock opened at $47.42 on Monday. The stock has a market capitalization of $37.81 billion, a price-to-earnings ratio of 26.59 and a beta of 0.88. Capital Group Dividend Value ETF has a 1-year low of $41.31 and a 1-year high of $51.63. The firm’s 50-day moving average price is $49.23 and its two-hundred day moving average price is $47.54.

Capital Group Dividend Value ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, October 1st. Stockholders of record on Wednesday, September 30th were paid a $0.1522 dividend. This represents a $0.61 dividend on an annualized basis and a dividend yield of 1.3%. This is an increase from Capital Group Dividend Value ETF’s previous quarterly dividend of $0.1471. The ex-dividend date was Wednesday, September 30th.

About Capital Group Dividend Value ETF

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.