Cozad Asset Management Inc. Has $7.54 Million Stock Position in Capital Group Dividend Value ETF $CGDV

Cozad Asset Management Inc. lifted its position in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 116.8% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 179,357 shares of the company’s stock after acquiring an additional 96,612 shares during the period. Cozad Asset Management Inc.’s holdings in Capital Group Dividend Value ETF were worth $7,538,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in CGDV. AQR Capital Management LLC purchased a new position in Capital Group Dividend Value ETF during the 1st quarter worth approximately $236,000. Ashton Thomas Private Wealth LLC purchased a new stake in shares of Capital Group Dividend Value ETF in the second quarter valued at $2,747,000. Mayflower Financial Advisors LLC boosted its position in shares of Capital Group Dividend Value ETF by 41.0% in the second quarter. Mayflower Financial Advisors LLC now owns 26,028 shares of the company’s stock worth $1,028,000 after buying an additional 7,562 shares during the period. Northwest Financial Advisors boosted its position in shares of Capital Group Dividend Value ETF by 1.2% in the second quarter. Northwest Financial Advisors now owns 39,950 shares of the company’s stock worth $1,578,000 after buying an additional 475 shares during the period. Finally, Flagship Harbor Advisors LLC grew its holdings in shares of Capital Group Dividend Value ETF by 118.5% during the second quarter. Flagship Harbor Advisors LLC now owns 85,041 shares of the company’s stock valued at $3,358,000 after buying an additional 46,124 shares in the last quarter.

Capital Group Dividend Value ETF Trading Up 0.5%

NYSEARCA:CGDV opened at $45.70 on Wednesday. The business’s fifty day moving average price is $44.58 and its 200 day moving average price is $43.10. The firm has a market capitalization of $29.18 billion, a price-to-earnings ratio of 26.59 and a beta of 0.89. Capital Group Dividend Value ETF has a 1-year low of $30.94 and a 1-year high of $46.01.

Capital Group Dividend Value ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, December 29th. Stockholders of record on Friday, December 26th were issued a $0.1928 dividend. The ex-dividend date was Friday, December 26th. This represents a $0.77 dividend on an annualized basis 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.

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.