Fermata Advisors LLC Increases Holdings in Capital Group Dividend Value ETF $CGDV

Fermata Advisors LLC boosted its holdings in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 9.7% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 214,171 shares of the company’s stock after purchasing an additional 19,012 shares during the period. Capital Group Dividend Value ETF comprises approximately 2.3% of Fermata Advisors LLC’s investment portfolio, making the stock its 8th biggest position. Fermata Advisors LLC’s holdings in Capital Group Dividend Value ETF were worth $9,002,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of the business. Trust Co. of Vermont acquired a new position in shares of Capital Group Dividend Value ETF during the 2nd quarter worth $29,000. Washington Trust Advisors Inc. bought a new position in Capital Group Dividend Value ETF in the second quarter valued at about $29,000. Capital Analysts LLC acquired a new position in Capital Group Dividend Value ETF during the first quarter worth about $30,000. FNY Investment Advisers LLC acquired a new position in Capital Group Dividend Value ETF during the second quarter worth about $35,000. Finally, Banco de Sabadell S.A bought a new position in shares of Capital Group Dividend Value ETF in the second quarter worth about $47,000.

Capital Group Dividend Value ETF Trading Up 0.8%

CGDV opened at $43.26 on Friday. The company has a market cap of $24.41 billion, a P/E ratio of 26.59 and a beta of 0.89. The company’s 50 day moving average is $42.87 and its 200-day moving average is $41.39. Capital Group Dividend Value ETF has a 1-year low of $30.94 and a 1-year high of $43.93.

Capital Group Dividend Value ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, October 1st. Shareholders of record on Tuesday, September 30th were given a $0.1359 dividend. 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 yield of 1.3%. The ex-dividend date was Tuesday, 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.