30,203 Shares in Capital Group Dividend Value ETF $CGDV Bought by DMKC Advisory Services LLC

DMKC Advisory Services LLC bought a new position in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 30,203 shares of the company’s stock, valued at approximately $1,228,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Hughes Financial Services LLC acquired a new stake in Capital Group Dividend Value ETF during the 1st quarter worth about $28,000. Trust Co. of Vermont acquired a new position in shares of Capital Group Dividend Value ETF in the second quarter worth about $29,000. Capital Analysts LLC purchased a new position in shares of Capital Group Dividend Value ETF in the first quarter worth approximately $30,000. Golden State Wealth Management LLC acquired a new stake in shares of Capital Group Dividend Value ETF during the first quarter valued at approximately $32,000. Finally, Fifth Third Bancorp purchased a new stake in shares of Capital Group Dividend Value ETF in the 1st quarter valued at approximately $37,000.

Capital Group Dividend Value ETF Stock Performance

Capital Group Dividend Value ETF stock opened at $42.29 on Thursday. Capital Group Dividend Value ETF has a 52 week low of $30.94 and a 52 week high of $42.36. The firm has a market capitalization of $20.75 billion, a price-to-earnings ratio of 26.59 and a beta of 0.91. The company has a 50 day moving average price of $41.35 and a 200 day moving average price of $38.43.

Capital Group Dividend Value ETF Increases Dividend

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

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.