10,297 Shares of Capital Group Dividend Value ETF $CGDV Bought by StoneX Group Inc.

StoneX Group Inc. purchased a new position in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) during the third quarter, HoldingsChannel.com reports. The institutional investor purchased 10,297 shares of the company’s stock, valued at approximately $504,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Ballew Advisors Inc raised its position in Capital Group Dividend Value ETF by 1.5% in the 3rd quarter. Ballew Advisors Inc now owns 13,713 shares of the company’s stock valued at $675,000 after purchasing an additional 203 shares during the last quarter. Symphony Financial Ltd. Co. boosted its stake in Capital Group Dividend Value ETF by 3.8% in the second quarter. Symphony Financial Ltd. Co. now owns 5,641 shares of the company’s stock worth $278,000 after purchasing an additional 204 shares in the last quarter. Cypress Capital LLC boosted its stake in Capital Group Dividend Value ETF by 2.6% in the third quarter. Cypress Capital LLC now owns 8,627 shares of the company’s stock worth $421,000 after purchasing an additional 217 shares in the last quarter. CoreCap Advisors LLC grew its holdings in shares of Capital Group Dividend Value ETF by 19.5% during the second quarter. CoreCap Advisors LLC now owns 1,338 shares of the company’s stock worth $66,000 after purchasing an additional 218 shares during the last quarter. Finally, TD Waterhouse Canada Inc. grew its holdings in shares of Capital Group Dividend Value ETF by 11.5% during the third quarter. TD Waterhouse Canada Inc. now owns 2,175 shares of the company’s stock worth $106,000 after purchasing an additional 225 shares during the last quarter.

Capital Group Dividend Value ETF Stock Performance

Shares of NYSEARCA:CGDV opened at $48.75 on Friday. The business has a fifty day moving average of $49.13 and a 200-day moving average of $47.63. Capital Group Dividend Value ETF has a twelve month low of $41.31 and a twelve month high of $51.63. The firm has a market cap of $38.91 billion, a PE ratio of 23.29 and a beta of 0.88.

Capital Group Dividend Value ETF Increases Dividend

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