Trust Co. of Vermont Makes New $29,000 Investment in Capital Group Dividend Value ETF $CGDV

Trust Co. of Vermont purchased a new position in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 736 shares of the company’s stock, valued at approximately $29,000.

Several other hedge funds also recently modified their holdings of CGDV. LPL Financial LLC boosted its stake in shares of Capital Group Dividend Value ETF by 34.0% during the 1st quarter. LPL Financial LLC now owns 29,452,035 shares of the company’s stock worth $1,049,670,000 after purchasing an additional 7,468,408 shares during the last quarter. Envestnet Asset Management Inc. boosted its stake in shares of Capital Group Dividend Value ETF by 36.6% during the 1st quarter. Envestnet Asset Management Inc. now owns 15,207,625 shares of the company’s stock worth $542,000,000 after purchasing an additional 4,071,484 shares during the last quarter. D.A. Davidson & CO. boosted its stake in shares of Capital Group Dividend Value ETF by 739.0% during the 1st quarter. D.A. Davidson & CO. now owns 3,241,910 shares of the company’s stock worth $115,542,000 after purchasing an additional 2,855,493 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its stake in shares of Capital Group Dividend Value ETF by 19.1% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 13,831,238 shares of the company’s stock worth $492,945,000 after purchasing an additional 2,220,112 shares during the last quarter. Finally, HighTower Advisors LLC boosted its stake in shares of Capital Group Dividend Value ETF by 378.6% during the 1st quarter. HighTower Advisors LLC now owns 2,493,381 shares of the company’s stock worth $88,864,000 after purchasing an additional 1,972,404 shares during the last quarter.

Capital Group Dividend Value ETF Stock Performance

CGDV opened at $42.34 on Friday. The company’s 50 day simple moving average is $41.40 and its 200 day simple moving average is $38.52. Capital Group Dividend Value ETF has a 1 year low of $30.94 and a 1 year high of $42.53. The stock has a market capitalization of $22.54 billion, a PE ratio of 26.59 and a beta of 0.91.

Capital Group Dividend Value ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, October 1st. Investors of record on Tuesday, September 30th were given a $0.1359 dividend. This is a boost from Capital Group Dividend Value ETF’s previous quarterly dividend of $0.13. This represents a $0.54 annualized dividend and a dividend 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.