Harbor Investment Advisory LLC Grows Stock Holdings in Capital Group Dividend Value ETF $CGDV

Harbor Investment Advisory LLC boosted its stake 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 Form 13F filing with the Securities & Exchange Commission. The firm owned 49,925 shares of the company’s stock after purchasing an additional 23,845 shares during the period. Harbor Investment Advisory LLC’s holdings in Capital Group Dividend Value ETF were worth $2,098,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. AQR Capital Management LLC purchased a new stake in Capital Group Dividend Value ETF during the 1st quarter valued at $236,000. NBC Securities Inc. grew its holdings in shares of Capital Group Dividend Value ETF by 14.4% in the second quarter. NBC Securities Inc. now owns 70,356 shares of the company’s stock worth $2,778,000 after acquiring an additional 8,874 shares during the period. Goldstone Financial Group LLC increased its position in Capital Group Dividend Value ETF by 9.4% during the second quarter. Goldstone Financial Group LLC now owns 26,494 shares of the company’s stock valued at $1,065,000 after acquiring an additional 2,284 shares during the last quarter. Dover Advisors LLC bought a new position in Capital Group Dividend Value ETF in the second quarter valued at about $204,000. Finally, Everpar Advisors LLC lifted its holdings in Capital Group Dividend Value ETF by 23.7% in the second quarter. Everpar Advisors LLC now owns 98,333 shares of the company’s stock valued at $3,883,000 after acquiring an additional 18,822 shares during the period.

Capital Group Dividend Value ETF Stock Up 0.2%

Capital Group Dividend Value ETF stock opened at $44.55 on Tuesday. Capital Group Dividend Value ETF has a 52-week low of $30.94 and a 52-week high of $44.58. The company has a market cap of $27.40 billion, a P/E ratio of 26.59 and a beta of 0.89. The business has a 50-day simple moving average of $43.45 and a two-hundred day simple moving average of $42.11.

Capital Group Dividend Value ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, December 29th. Shareholders of record on Friday, December 26th were issued a dividend of $0.1928 per share. This is an increase 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 yield of 1.7%. The ex-dividend date of this dividend was Friday, December 26th.

Capital Group Dividend Value ETF Company 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. CGDV was launched on Feb 22, 2022 and is managed by Capital Group.