Aptus Capital Advisors LLC Boosts Holdings in Capital Group Dividend Value ETF $CGDV

Aptus Capital Advisors LLC lifted its position in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 9.5% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,314,763 shares of the company’s stock after purchasing an additional 114,180 shares during the period. Aptus Capital Advisors LLC owned about 0.23% of Capital Group Dividend Value ETF worth $55,259,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in CGDV. AQR Capital Management LLC bought a new position in Capital Group Dividend Value ETF during the 1st quarter valued at $236,000. TIAA Trust National Association acquired a new stake in shares of Capital Group Dividend Value ETF in the 2nd quarter valued at about $327,000. Bank of New York Mellon Corp lifted its position in shares of Capital Group Dividend Value ETF by 0.3% during the second quarter. Bank of New York Mellon Corp now owns 1,197,514 shares of the company’s stock worth $47,290,000 after purchasing an additional 3,758 shares during the last quarter. Simplex Trading LLC lifted its position in shares of Capital Group Dividend Value ETF by 692.6% during the second quarter. Simplex Trading LLC now owns 1,600 shares of the company’s stock worth $63,000 after purchasing an additional 1,870 shares during the last quarter. Finally, Moors & Cabot Inc. acquired a new position in Capital Group Dividend Value ETF in the second quarter worth about $203,000.

Capital Group Dividend Value ETF Trading Down 0.9%

CGDV stock opened at $44.73 on Friday. The stock’s 50 day simple moving average is $44.81 and its 200 day simple moving average is $43.28. Capital Group Dividend Value ETF has a 12-month low of $30.94 and a 12-month high of $46.01. The firm has a market cap of $28.56 billion, a P/E ratio of 26.59 and a beta of 0.89.

Capital Group Dividend Value ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, December 29th. Stockholders of record on Friday, December 26th were issued a dividend of $0.1928 per share. This represents a $0.77 annualized dividend and a dividend yield of 1.7%. This is a positive change from Capital Group Dividend Value ETF’s previous quarterly dividend of $0.14. The ex-dividend date of this dividend was Friday, December 26th.

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.