Jacobi Capital Management LLC Grows Stock Holdings in Capital Group Dividend Value ETF $CGDV

Jacobi Capital Management LLC lifted its position in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 43.6% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 54,221 shares of the company’s stock after purchasing an additional 16,473 shares during the period. Jacobi Capital Management LLC’s holdings in Capital Group Dividend Value ETF were worth $1,932,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Hughes Financial Services LLC purchased a new stake in shares of Capital Group Dividend Value ETF during the 1st quarter worth $28,000. Capital Analysts LLC purchased a new stake in Capital Group Dividend Value ETF in the first quarter valued at $30,000. Golden State Wealth Management LLC purchased a new stake in Capital Group Dividend Value ETF in the first quarter valued at $32,000. Fifth Third Bancorp purchased a new stake in Capital Group Dividend Value ETF in the first quarter valued at $37,000. Finally, ORG Partners LLC lifted its position in Capital Group Dividend Value ETF by 100.4% in the first quarter. ORG Partners LLC now owns 1,102 shares of the company’s stock valued at $39,000 after acquiring an additional 552 shares during the last quarter.

Capital Group Dividend Value ETF Price Performance

Shares of CGDV opened at $42.14 on Friday. Capital Group Dividend Value ETF has a 1-year low of $30.94 and a 1-year high of $42.26. The stock has a market cap of $20.68 billion, a PE ratio of 26.59 and a beta of 0.91. The firm has a fifty day moving average price of $40.94 and a 200 day moving average price of $37.88.

Capital Group Dividend Value ETF Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, July 1st. Investors of record on Monday, June 30th were given a $0.1295 dividend. The ex-dividend date of this dividend was Monday, June 30th. This represents a $0.52 dividend on an annualized basis and a yield of 1.2%.

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.