49,572 Shares in Capital Group Dividend Value ETF $CGDV Bought by Avior Wealth Management LLC

Avior Wealth Management LLC acquired a new stake in Capital Group Dividend Value ETF (NYSEARCA:CGDV) in the 4th quarter, Holdings Channel reports. The fund acquired 49,572 shares of the company’s stock, valued at approximately $2,163,000.

Several other hedge funds also recently made changes to their positions in CGDV. Triumph Capital Management purchased a new stake in Capital Group Dividend Value ETF in the 3rd quarter valued at $32,000. Banco de Sabadell S.A purchased a new stake in shares of Capital Group Dividend Value ETF in the second quarter valued at approximately $47,000. MassMutual Private Wealth & Trust FSB boosted its stake in shares of Capital Group Dividend Value ETF by 38,200.0% during 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 in the last quarter. Huntington National Bank acquired a new position in Capital Group Dividend Value ETF during the third quarter worth about $49,000. Finally, CENTRAL TRUST Co acquired a new stake in shares of Capital Group Dividend Value ETF during the third quarter valued at $52,000.

Capital Group Dividend Value ETF Stock Performance

CGDV opened at $42.50 on Friday. Capital Group Dividend Value ETF has a 1 year low of $30.94 and a 1 year high of $46.01. The company’s 50 day simple moving average is $44.75 and its 200 day simple moving average is $43.47. The stock has a market capitalization of $27.14 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. Stockholders of record on Friday, December 26th were paid a $0.1928 dividend. This represents a $0.77 annualized dividend and a dividend yield of 1.8%. 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.

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.