Capital Group Dividend Value ETF $CGDV Shares Sold by Dynamic Advisor Solutions LLC

Dynamic Advisor Solutions LLC reduced its position in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 38.6% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 88,819 shares of the company’s stock after selling 55,921 shares during the period. Dynamic Advisor Solutions LLC’s holdings in Capital Group Dividend Value ETF were worth $3,876,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Triumph Capital Management purchased a new position in shares of Capital Group Dividend Value ETF during the third quarter worth approximately $32,000. MassMutual Private Wealth & Trust FSB raised its position in Capital Group Dividend Value ETF by 38,200.0% in the 3rd quarter. MassMutual Private Wealth & Trust FSB now owns 1,149 shares of the company’s stock valued at $48,000 after purchasing an additional 1,146 shares during the last quarter. Huntington National Bank acquired a new stake in Capital Group Dividend Value ETF during the 3rd quarter worth $49,000. Banco de Sabadell S.A acquired a new stake in Capital Group Dividend Value ETF during the 2nd quarter worth $47,000. Finally, CENTRAL TRUST Co purchased a new position in Capital Group Dividend Value ETF during the 3rd quarter worth $52,000.

Capital Group Dividend Value ETF Stock Performance

Shares of Capital Group Dividend Value ETF stock opened at $42.96 on Tuesday. The company has a market capitalization of $27.43 billion, a P/E 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. The company’s fifty day moving average is $44.72 and its two-hundred day moving average is $43.51.

Capital Group Dividend Value ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, December 29th. Investors 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 dividend yield of 1.8%. The ex-dividend date of this dividend was Friday, December 26th.

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.