RFG Advisory LLC Has $5.78 Million Position in Capital Group Dividend Value ETF $CGDV

RFG Advisory LLC cut its position in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 20.0% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 137,463 shares of the company’s stock after selling 34,469 shares during the quarter. RFG Advisory LLC’s holdings in Capital Group Dividend Value ETF were worth $5,778,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of CGDV. Fullcircle Wealth LLC lifted its stake in Capital Group Dividend Value ETF by 17.0% in the 3rd quarter. Fullcircle Wealth LLC now owns 45,019 shares of the company’s stock valued at $1,911,000 after acquiring an additional 6,530 shares in the last quarter. Signature Estate & Investment Advisors LLC raised its holdings in shares of Capital Group Dividend Value ETF by 6.6% in the third quarter. Signature Estate & Investment Advisors LLC now owns 232,617 shares of the company’s stock valued at $9,777,000 after purchasing an additional 14,365 shares during the last quarter. Prime Capital Investment Advisors LLC lifted its position in shares of Capital Group Dividend Value ETF by 66.5% in the third quarter. Prime Capital Investment Advisors LLC now owns 143,646 shares of the company’s stock worth $6,037,000 after purchasing an additional 57,391 shares in the last quarter. Capital Investment Advisory Services LLC lifted its position in shares of Capital Group Dividend Value ETF by 19.6% in the third quarter. Capital Investment Advisory Services LLC now owns 13,069 shares of the company’s stock worth $549,000 after purchasing an additional 2,139 shares in the last quarter. Finally, Aurdan Capital Management LLC boosted its holdings in Capital Group Dividend Value ETF by 7.8% during the third quarter. Aurdan Capital Management LLC now owns 136,092 shares of the company’s stock worth $5,720,000 after purchasing an additional 9,901 shares during the last quarter.

Capital Group Dividend Value ETF Trading Up 0.4%

Shares of CGDV stock opened at $45.64 on Tuesday. The firm’s fifty day moving average price is $44.15 and its two-hundred day moving average price is $42.72. Capital Group Dividend Value ETF has a 1 year low of $30.94 and a 1 year high of $45.75. The firm has a market capitalization of $29.15 billion, a P/E ratio of 26.59 and a beta of 0.89.

Capital Group Dividend Value ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, December 29th. Investors of record on Friday, December 26th were issued a dividend of $0.1928 per share. The ex-dividend date was Friday, December 26th. This is a boost from Capital Group Dividend Value ETF’s previous quarterly dividend of $0.14. This represents a $0.77 annualized dividend and a yield of 1.7%.

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. CGDV was launched on Feb 22, 2022 and is managed by Capital Group.