KPP Advisory Services LLC Increases Position in Capital Group Dividend Value ETF (NYSEARCA:CGDV)

KPP Advisory Services LLC raised its position in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 0.7% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 267,156 shares of the company’s stock after purchasing an additional 1,986 shares during the period. Capital Group Dividend Value ETF comprises 1.8% of KPP Advisory Services LLC’s portfolio, making the stock its 10th biggest position. KPP Advisory Services LLC owned 0.06% of Capital Group Dividend Value ETF worth $9,521,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in the company. Golden State Wealth Management LLC purchased a new position in Capital Group Dividend Value ETF in the 1st quarter worth $32,000. Fifth Third Bancorp acquired a new position in shares of Capital Group Dividend Value ETF in the first quarter valued at about $37,000. ORG Partners LLC raised its stake in shares of Capital Group Dividend Value ETF by 100.4% in the first quarter. ORG Partners LLC now owns 1,102 shares of the company’s stock worth $39,000 after purchasing an additional 552 shares during the last quarter. Venturi Wealth Management LLC acquired a new stake in shares of Capital Group Dividend Value ETF during the fourth quarter worth about $47,000. Finally, PNC Financial Services Group Inc. acquired a new stake in shares of Capital Group Dividend Value ETF during the fourth quarter worth about $55,000.

Capital Group Dividend Value ETF Trading Up 0.0%

Shares of NYSEARCA:CGDV opened at $38.91 on Thursday. Capital Group Dividend Value ETF has a twelve month low of $30.94 and a twelve month high of $38.97. The company has a market cap of $17.57 billion, a PE ratio of 26.38 and a beta of 0.90. The company’s 50 day moving average is $36.62 and its 200 day moving average is $36.12.

Capital Group Dividend Value ETF Dividend Announcement

The business also recently disclosed a dividend, which was paid on Tuesday, April 1st. Stockholders of record on Monday, March 31st were issued a $0.1067 dividend. The ex-dividend date of this dividend was Monday, March 31st.

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.