Capital Group Dividend Value ETF $CGDV Stock Holdings Lifted by Founders Financial Securities LLC

Founders Financial Securities LLC boosted its holdings in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 20.3% during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 391,326 shares of the company’s stock after acquiring an additional 65,969 shares during the period. Capital Group Dividend Value ETF accounts for about 0.9% of Founders Financial Securities LLC’s portfolio, making the stock its 19th largest holding. Founders Financial Securities LLC’s holdings in Capital Group Dividend Value ETF were worth $19,116,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in CGDV. Ballew Advisors Inc raised its position in Capital Group Dividend Value ETF by 1.5% in the third quarter. Ballew Advisors Inc now owns 13,713 shares of the company’s stock valued at $675,000 after purchasing an additional 203 shares during the period. Symphony Financial Ltd. Co. lifted its stake in shares of Capital Group Dividend Value ETF by 3.8% in the 2nd quarter. Symphony Financial Ltd. Co. now owns 5,641 shares of the company’s stock valued at $278,000 after purchasing an additional 204 shares during the last quarter. Cypress Capital LLC lifted its stake in shares of Capital Group Dividend Value ETF by 2.6% in the 3rd quarter. Cypress Capital LLC now owns 8,627 shares of the company’s stock valued at $421,000 after purchasing an additional 217 shares during the last quarter. CoreCap Advisors LLC lifted its stake in shares of Capital Group Dividend Value ETF by 19.5% in the 2nd quarter. CoreCap Advisors LLC now owns 1,338 shares of the company’s stock valued at $66,000 after purchasing an additional 218 shares during the last quarter. Finally, Berger Financial Group Inc grew its holdings in shares of Capital Group Dividend Value ETF by 3.1% during the 1st quarter. Berger Financial Group Inc now owns 7,519 shares of the company’s stock worth $320,000 after purchasing an additional 224 shares during the period.

Capital Group Dividend Value ETF Trading Up 0.2%

NYSEARCA CGDV opened at $49.55 on Friday. The stock has a fifty day simple moving average of $49.43 and a 200-day simple moving average of $47.42. The stock has a market cap of $39.41 billion, a PE ratio of 26.59 and a beta of 0.88. Capital Group Dividend Value ETF has a twelve month low of $41.31 and a twelve month high of $51.63.

Capital Group Dividend Value ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, October 1st. Shareholders of record on Wednesday, September 30th were given a $0.1522 dividend. The ex-dividend date of this dividend was Wednesday, September 30th. This is an increase from Capital Group Dividend Value ETF’s previous quarterly dividend of $0.1471. This represents a $0.61 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. CGDV was launched on Feb 22, 2022 and is managed by Capital Group.