Founders Financial Securities LLC Acquires 12,084 Shares of Capital Group Dividend Value ETF $CGDV

Founders Financial Securities LLC boosted its holdings in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 5.8% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 221,492 shares of the company’s stock after buying an additional 12,084 shares during the period. Founders Financial Securities LLC’s holdings in Capital Group Dividend Value ETF were worth $9,309,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the business. Jane Street Group LLC lifted its stake in shares of Capital Group Dividend Value ETF by 51.9% in the 1st quarter. Jane Street Group LLC now owns 734,962 shares of the company’s stock valued at $26,194,000 after purchasing an additional 250,994 shares during the period. WCG Wealth Advisors LLC increased its holdings in Capital Group Dividend Value ETF by 24.2% in the first quarter. WCG Wealth Advisors LLC now owns 19,006 shares of the company’s stock valued at $677,000 after purchasing an additional 3,708 shares during the last quarter. Per Stirling Capital Management LLC. lifted its stake in Capital Group Dividend Value ETF by 1.1% in the first quarter. Per Stirling Capital Management LLC. now owns 57,742 shares of the company’s stock valued at $2,058,000 after buying an additional 644 shares during the period. Gerber Kawasaki Wealth & Investment Management boosted its holdings in Capital Group Dividend Value ETF by 0.6% during the first quarter. Gerber Kawasaki Wealth & Investment Management now owns 833,204 shares of the company’s stock worth $29,695,000 after buying an additional 5,213 shares during the last quarter. Finally, Vermillion & White Wealth Management Group LLC acquired a new position in shares of Capital Group Dividend Value ETF during the 1st quarter worth about $83,000.

Capital Group Dividend Value ETF Price Performance

Shares of CGDV stock opened at $44.10 on Wednesday. The stock has a market cap of $24.89 billion, a PE ratio of 26.59 and a beta of 0.89. The stock has a 50-day moving average of $43.01 and a 200-day moving average of $41.57. Capital Group Dividend Value ETF has a one year low of $30.94 and a one year high of $44.11.

Capital Group Dividend Value ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, October 1st. Shareholders of record on Tuesday, September 30th were paid a $0.1359 dividend. The ex-dividend date of this dividend was Tuesday, September 30th. This is a boost from Capital Group Dividend Value ETF’s previous quarterly dividend of $0.13. This represents a $0.54 annualized dividend and a yield of 1.2%.

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.