Capital Group Dividend Value ETF $CGDV Shares Sold by Ameritas Advisory Services LLC

Ameritas Advisory Services LLC lowered its holdings in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 60.2% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 100,840 shares of the company’s stock after selling 152,446 shares during the quarter. Ameritas Advisory Services LLC’s holdings in Capital Group Dividend Value ETF were worth $4,238,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in CGDV. AQR Capital Management LLC acquired a new stake in Capital Group Dividend Value ETF in the 1st quarter valued at $236,000. Blue Trust Inc. raised its position in Capital Group Dividend Value ETF by 26.8% during the second quarter. Blue Trust Inc. now owns 1,522 shares of the company’s stock worth $60,000 after acquiring an additional 322 shares during the period. Creekside Partners lifted its holdings in Capital Group Dividend Value ETF by 24.6% during the second quarter. Creekside Partners now owns 7,794 shares of the company’s stock valued at $308,000 after purchasing an additional 1,537 shares in the last quarter. Clearview Wealth Advisors LLC grew its position in shares of Capital Group Dividend Value ETF by 2.4% in the second quarter. Clearview Wealth Advisors LLC now owns 266,355 shares of the company’s stock valued at $10,518,000 after purchasing an additional 6,127 shares during the period. Finally, Latitude Advisors LLC grew its position in shares of Capital Group Dividend Value ETF by 4.6% in the second quarter. Latitude Advisors LLC now owns 60,025 shares of the company’s stock valued at $2,370,000 after purchasing an additional 2,667 shares during the period.

Capital Group Dividend Value ETF Stock Down 0.8%

CGDV opened at $45.29 on Friday. Capital Group Dividend Value ETF has a twelve month low of $30.94 and a twelve month high of $46.01. The company has a 50-day moving average price of $44.27 and a 200 day moving average price of $42.79. The company has a market cap of $28.92 billion, a PE ratio of 26.59 and a beta of 0.89.

Capital Group Dividend Value ETF Increases Dividend

The company 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. The ex-dividend date of this dividend was Friday, December 26th. 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 dividend yield of 1.7%.

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. CGDV was launched on Feb 22, 2022 and is managed by Capital Group.