Tudor Investment Corp ET AL Purchases 52,772 Shares of Capital Group Dividend Value ETF $CGDV

Tudor Investment Corp ET AL raised its position in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 32.8% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 213,809 shares of the company’s stock after acquiring an additional 52,772 shares during the quarter. Tudor Investment Corp ET AL’s holdings in Capital Group Dividend Value ETF were worth $8,986,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of CGDV. Lincoln Capital LLC grew its stake in shares of Capital Group Dividend Value ETF by 1.4% in the third quarter. Lincoln Capital LLC now owns 16,640 shares of the company’s stock worth $705,000 after purchasing an additional 235 shares during the last quarter. Clark Capital Management Group Inc. raised its position in Capital Group Dividend Value ETF by 2.4% during the 3rd quarter. Clark Capital Management Group Inc. now owns 9,984 shares of the company’s stock valued at $420,000 after purchasing an additional 238 shares during the last quarter. Cim LLC raised its position in Capital Group Dividend Value ETF by 2.3% during the 3rd quarter. Cim LLC now owns 11,280 shares of the company’s stock valued at $474,000 after purchasing an additional 250 shares during the last quarter. GPS Wealth Strategies Group LLC lifted its holdings in Capital Group Dividend Value ETF by 2.0% in the 3rd quarter. GPS Wealth Strategies Group LLC now owns 13,083 shares of the company’s stock worth $550,000 after buying an additional 252 shares during the period. Finally, Ameriprise Financial Inc. lifted its holdings in Capital Group Dividend Value ETF by 1.7% in the 2nd quarter. Ameriprise Financial Inc. now owns 16,080 shares of the company’s stock worth $635,000 after buying an additional 263 shares during the period.

Capital Group Dividend Value ETF Stock Performance

Shares of CGDV stock opened at $42.50 on Monday. Capital Group Dividend Value ETF has a fifty-two week low of $30.94 and a fifty-two week high of $46.01. The firm has a market cap of $27.14 billion, a P/E ratio of 26.59 and a beta of 0.89. The business’s 50 day moving average price is $44.75 and its 200-day moving average price is $43.50.

Capital Group Dividend Value ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 29th. Shareholders of record on Friday, December 26th were given a dividend of $0.1928 per share. This represents a $0.77 dividend on an annualized basis and a yield of 1.8%. The ex-dividend date of this dividend was Friday, December 26th. This is an increase from Capital Group Dividend Value ETF’s previous quarterly dividend of $0.14.

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.