Aurdan Capital Management LLC Boosts Stock Holdings in Capital Group Dividend Value ETF $CGDV

Aurdan Capital Management LLC boosted its stake in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 38.8% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 126,191 shares of the company’s stock after purchasing an additional 35,307 shares during the period. Capital Group Dividend Value ETF makes up approximately 1.7% of Aurdan Capital Management LLC’s portfolio, making the stock its 14th biggest holding. Aurdan Capital Management LLC’s holdings in Capital Group Dividend Value ETF were worth $4,983,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of CGDV. Golden State Wealth Management LLC purchased a new position in Capital Group Dividend Value ETF during the first quarter worth approximately $32,000. DAVENPORT & Co LLC raised its stake in Capital Group Dividend Value ETF by 12.8% during the first quarter. DAVENPORT & Co LLC now owns 82,667 shares of the company’s stock worth $2,946,000 after purchasing an additional 9,379 shares during the period. Brookstone Capital Management raised its stake in Capital Group Dividend Value ETF by 9.8% during the first quarter. Brookstone Capital Management now owns 87,317 shares of the company’s stock worth $3,112,000 after purchasing an additional 7,789 shares during the period. Capital Investment Advisory Services LLC purchased a new position in Capital Group Dividend Value ETF during the first quarter worth approximately $239,000. Finally, Truist Financial Corp raised its stake in Capital Group Dividend Value ETF by 12.8% during the first quarter. Truist Financial Corp now owns 1,157,484 shares of the company’s stock worth $41,253,000 after purchasing an additional 131,779 shares during the period.

Capital Group Dividend Value ETF Stock Down 0.0%

NYSEARCA:CGDV opened at $42.66 on Friday. The company has a market cap of $23.77 billion, a P/E ratio of 26.59 and a beta of 0.89. Capital Group Dividend Value ETF has a fifty-two week low of $30.94 and a fifty-two week high of $43.40. The firm’s 50 day moving average is $42.01 and its two-hundred day moving average is $39.64.

Capital Group Dividend Value ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, October 1st. Shareholders of record on Tuesday, September 30th were paid a dividend of $0.1359 per share. This is an increase 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 yield of 1.3%. The ex-dividend date of this dividend was Tuesday, September 30th.

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.