Mariner LLC Raises Stake in Capital Group Dividend Value ETF (NYSEARCA:CGDV)

Mariner LLC boosted its holdings in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 14.8% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,014,829 shares of the company’s stock after purchasing an additional 130,660 shares during the quarter. Mariner LLC owned about 0.45% of Capital Group Dividend Value ETF worth $35,783,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Keystone Financial Group purchased a new stake in shares of Capital Group Dividend Value ETF in the 4th quarter worth approximately $646,000. Summit Investment Advisors Inc. grew its stake in shares of Capital Group Dividend Value ETF by 5.9% in the fourth quarter. Summit Investment Advisors Inc. now owns 48,097 shares of the company’s stock worth $1,696,000 after acquiring an additional 2,663 shares during the last quarter. Entruity Wealth LLC bought a new position in shares of Capital Group Dividend Value ETF during the fourth quarter valued at $13,172,000. Sagespring Wealth Partners LLC purchased a new position in shares of Capital Group Dividend Value ETF in the 4th quarter worth about $2,444,000. Finally, Faithward Advisors LLC boosted its stake in Capital Group Dividend Value ETF by 20.0% in the 4th quarter. Faithward Advisors LLC now owns 9,649 shares of the company’s stock worth $340,000 after purchasing an additional 1,605 shares in the last quarter.

Capital Group Dividend Value ETF Stock Performance

NYSEARCA:CGDV opened at $34.14 on Wednesday. The firm has a 50-day simple moving average of $35.78 and a two-hundred day simple moving average of $36.11. The firm has a market cap of $13.86 billion, a P/E ratio of 24.24 and a beta of 0.89. Capital Group Dividend Value ETF has a fifty-two week low of $30.94 and a fifty-two week high of $37.38.

Capital Group Dividend Value ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, April 1st. Investors of record on Monday, March 31st were issued a $0.1067 dividend. The ex-dividend date was Monday, March 31st.

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.