C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors Purchases 96,557 Shares of Capital Group Dividend Value ETF $CGDV

C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors raised its holdings in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 91.4% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 202,189 shares of the company’s stock after acquiring an additional 96,557 shares during the quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors’ holdings in Capital Group Dividend Value ETF were worth $8,498,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in CGDV. First Pacific Financial grew its position in shares of Capital Group Dividend Value ETF by 32.6% during the third quarter. First Pacific Financial now owns 84,518 shares of the company’s stock worth $3,552,000 after purchasing an additional 20,762 shares in the last quarter. SteelPeak Wealth LLC boosted its stake in Capital Group Dividend Value ETF by 5.6% in the 3rd quarter. SteelPeak Wealth LLC now owns 47,349 shares of the company’s stock worth $1,996,000 after purchasing an additional 2,513 shares during the period. Silver Oak Securities Incorporated grew its holdings in Capital Group Dividend Value ETF by 14.2% during the 3rd quarter. Silver Oak Securities Incorporated now owns 559,300 shares of the company’s stock valued at $23,507,000 after buying an additional 69,755 shares in the last quarter. KOM Wealth Management Group LLC raised its position in shares of Capital Group Dividend Value ETF by 8.4% during the third quarter. KOM Wealth Management Group LLC now owns 34,465 shares of the company’s stock valued at $1,449,000 after buying an additional 2,659 shares during the last quarter. Finally, Greenbush Financial Group LLC raised its position in shares of Capital Group Dividend Value ETF by 6.7% during the third quarter. Greenbush Financial Group LLC now owns 252,196 shares of the company’s stock valued at $10,600,000 after buying an additional 15,786 shares during the last quarter.

Capital Group Dividend Value ETF Stock Performance

Shares of NYSEARCA:CGDV opened at $43.97 on Friday. The firm has a market cap of $24.81 billion, a price-to-earnings ratio of 26.59 and a beta of 0.89. The firm has a fifty day moving average price of $43.29 and a 200 day moving average price of $41.83. Capital Group Dividend Value ETF has a fifty-two week low of $30.94 and a fifty-two week high of $44.26.

Capital Group Dividend Value ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, December 29th. Stockholders of record on Friday, December 26th were given a dividend of $0.1928 per share. The ex-dividend date was Friday, December 26th. This is a positive change from Capital Group Dividend Value ETF’s previous quarterly dividend of $0.14. This represents a $0.77 dividend on an annualized basis and a dividend yield of 1.8%.

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.