Advyzon Investment Management LLC Invests $984,000 in Capital Group Dividend Value ETF $CGDV

Advyzon Investment Management LLC purchased a new stake in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 24,921 shares of the company’s stock, valued at approximately $984,000.

Other hedge funds have also added to or reduced their stakes in the company. Bank of New York Mellon Corp acquired a new position in Capital Group Dividend Value ETF in the first quarter valued at approximately $42,545,000. Per Stirling Capital Management LLC. grew its holdings in Capital Group Dividend Value ETF by 1.1% during the 1st quarter. Per Stirling Capital Management LLC. now owns 57,742 shares of the company’s stock worth $2,058,000 after acquiring an additional 644 shares during the period. Brown Advisory Inc. raised its position in shares of Capital Group Dividend Value ETF by 153.4% during the 1st quarter. Brown Advisory Inc. now owns 18,152 shares of the company’s stock valued at $647,000 after acquiring an additional 10,989 shares during the last quarter. Tempus Wealth Planning LLC lifted its stake in shares of Capital Group Dividend Value ETF by 12.5% in the 2nd quarter. Tempus Wealth Planning LLC now owns 253,873 shares of the company’s stock valued at $10,025,000 after purchasing an additional 28,186 shares during the period. Finally, Johnson Bixby & Associates LLC boosted its position in shares of Capital Group Dividend Value ETF by 2.4% in the 2nd quarter. Johnson Bixby & Associates LLC now owns 1,968,586 shares of the company’s stock worth $77,739,000 after purchasing an additional 46,774 shares during the last quarter.

Capital Group Dividend Value ETF Stock Up 1.5%

Shares of Capital Group Dividend Value ETF stock opened at $43.22 on Tuesday. The business has a fifty day simple moving average of $42.15 and a 200 day simple moving average of $40.07. The stock has a market cap of $24.39 billion, a PE ratio of 26.59 and a beta of 0.89. Capital Group Dividend Value ETF has a 12 month low of $30.94 and a 12 month high of $43.40.

Capital Group Dividend Value ETF Increases Dividend

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

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.