14,125 Shares in Capital Group Dividend Value ETF $CGDV Purchased by Coppell Advisory Solutions LLC

Coppell Advisory Solutions LLC bought a new position in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 14,125 shares of the company’s stock, valued at approximately $557,000.

A number of other institutional investors also recently modified their holdings of CGDV. Raymond James Financial Inc. increased its position in Capital Group Dividend Value ETF by 11.5% during the second quarter. Raymond James Financial Inc. now owns 19,353,624 shares of the company’s stock worth $764,275,000 after acquiring an additional 1,999,975 shares during the period. Envestnet Asset Management Inc. grew its position in shares of Capital Group Dividend Value ETF by 9.9% during the 2nd quarter. Envestnet Asset Management Inc. now owns 16,720,692 shares of the company’s stock worth $660,300,000 after purchasing an additional 1,513,067 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its holdings in shares of Capital Group Dividend Value ETF by 10.8% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 15,328,061 shares of the company’s stock worth $605,305,000 after purchasing an additional 1,496,823 shares during the period. Bank of America Corp DE raised its position in shares of Capital Group Dividend Value ETF by 23.1% in the second quarter. Bank of America Corp DE now owns 13,179,947 shares of the company’s stock valued at $520,476,000 after buying an additional 2,471,984 shares in the last quarter. Finally, Cetera Investment Advisers boosted its stake in shares of Capital Group Dividend Value ETF by 17.1% in the second quarter. Cetera Investment Advisers now owns 11,850,016 shares of the company’s stock valued at $467,957,000 after buying an additional 1,730,269 shares during the period.

Capital Group Dividend Value ETF Price Performance

Shares of NYSEARCA:CGDV opened at $43.46 on Monday. The business’s 50 day simple moving average is $42.81 and its 200 day simple moving average is $41.27. Capital Group Dividend Value ETF has a 1 year low of $30.94 and a 1 year high of $43.93. The company has a market capitalization of $24.52 billion, a P/E ratio of 26.59 and a beta of 0.89.

Capital Group Dividend Value ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, October 1st. Investors of record on Tuesday, September 30th were given a $0.1359 dividend. 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. This represents a $0.54 dividend on an annualized basis and a dividend yield of 1.3%.

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.