Capital Group Dividend Value ETF $CGDV Stake Lifted by Aptus Capital Advisors LLC

Aptus Capital Advisors LLC grew its position in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 9.5% during the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 1,314,763 shares of the company’s stock after purchasing an additional 114,180 shares during the quarter. Aptus Capital Advisors LLC’s holdings in Capital Group Dividend Value ETF were worth $55,259,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. MassMutual Private Wealth & Trust FSB grew its holdings in shares of 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 worth $48,000 after acquiring an additional 1,146 shares during the last quarter. Huntington National Bank acquired a new position in shares of Capital Group Dividend Value ETF in the 3rd quarter valued at $49,000. Banco de Sabadell S.A acquired a new position in shares of Capital Group Dividend Value ETF in the 2nd quarter valued at $47,000. CENTRAL TRUST Co purchased a new position in Capital Group Dividend Value ETF in the 3rd quarter worth about $52,000. Finally, Trust Co. of Vermont raised its holdings in Capital Group Dividend Value ETF by 83.0% during the 3rd quarter. Trust Co. of Vermont now owns 1,347 shares of the company’s stock worth $57,000 after buying an additional 611 shares during the period.

Capital Group Dividend Value ETF Trading Down 0.9%

CGDV stock opened at $44.73 on Friday. Capital Group Dividend Value ETF has a one year low of $30.94 and a one year high of $46.01. The firm has a 50-day moving average of $44.81 and a two-hundred day moving average of $43.28. The firm has a market capitalization of $28.56 billion, a PE 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. Investors of record on Friday, December 26th were given a $0.1928 dividend. This is a boost from Capital Group Dividend Value ETF’s previous quarterly dividend of $0.14. The ex-dividend date was Friday, December 26th. This represents a $0.77 annualized dividend 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.