Hunter Associates Investment Management LLC Buys 27,724 Shares of Capital Group Dividend Value ETF $CGDV

Hunter Associates Investment Management LLC lifted its stake in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 30.3% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 119,322 shares of the company’s stock after purchasing an additional 27,724 shares during the period. Hunter Associates Investment Management LLC’s holdings in Capital Group Dividend Value ETF were worth $4,706,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in CGDV. Golden State Wealth Management LLC bought a new stake in shares of Capital Group Dividend Value ETF during the 1st quarter worth approximately $32,000. Brookstone Capital Management raised its stake in Capital Group Dividend Value ETF by 9.8% in the 1st quarter. Brookstone Capital Management now owns 87,317 shares of the company’s stock valued at $3,112,000 after acquiring an additional 7,789 shares during the period. Capital Investment Advisory Services LLC bought a new stake in Capital Group Dividend Value ETF in the 1st quarter valued at $239,000. Truist Financial Corp raised its stake in Capital Group Dividend Value ETF by 12.8% in the 1st quarter. Truist Financial Corp now owns 1,157,484 shares of the company’s stock valued at $41,253,000 after acquiring an additional 131,779 shares during the period. Finally, World Investment Advisors raised its stake in Capital Group Dividend Value ETF by 38.4% in the 1st quarter. World Investment Advisors now owns 152,649 shares of the company’s stock valued at $5,440,000 after acquiring an additional 42,350 shares during the period.

Capital Group Dividend Value ETF Trading Down 0.0%

CGDV opened at $42.66 on Monday. Capital Group Dividend Value ETF has a 1-year low of $30.94 and a 1-year high of $43.40. The stock’s fifty day simple moving average is $42.01 and its 200 day simple moving average is $39.69. The stock has a market cap of $24.03 billion, a PE ratio of 26.59 and a beta of 0.89.

Capital Group Dividend Value ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, October 1st. Investors of record on Tuesday, September 30th were paid a $0.1359 dividend. This is a boost from Capital Group Dividend Value ETF’s previous quarterly dividend of $0.13. The ex-dividend date was Tuesday, September 30th. This represents a $0.54 dividend on an annualized basis and a yield of 1.3%.

Capital Group Dividend Value ETF Company 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.