Capital Group Dividend Value ETF $CGDV Shares Acquired by Barrett & Company Inc.

Barrett & Company Inc. grew its position in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 6.2% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 25,883 shares of the company’s stock after acquiring an additional 1,503 shares during the period. Barrett & Company Inc.’s holdings in Capital Group Dividend Value ETF were worth $1,022,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Golden State Wealth Management LLC acquired a new position in shares of Capital Group Dividend Value ETF in the first quarter worth about $32,000. Bank of New York Mellon Corp acquired a new position in shares of Capital Group Dividend Value ETF in the first quarter worth about $42,545,000. Per Stirling Capital Management LLC. raised its position in shares of Capital Group Dividend Value ETF by 1.1% in the first quarter. Per Stirling Capital Management LLC. now owns 57,742 shares of the company’s stock worth $2,058,000 after acquiring an additional 644 shares during the period. Fifth Third Bancorp acquired a new position in shares of Capital Group Dividend Value ETF in the first quarter worth about $37,000. Finally, Brown Advisory Inc. raised its position in shares of Capital Group Dividend Value ETF by 153.4% in the first quarter. Brown Advisory Inc. now owns 18,152 shares of the company’s stock worth $647,000 after acquiring an additional 10,989 shares during the period.

Capital Group Dividend Value ETF Stock Performance

Shares of Capital Group Dividend Value ETF stock opened at $42.34 on Friday. The firm has a 50-day simple moving average of $41.40 and a two-hundred day simple moving average of $38.52. The company has a market cap of $22.54 billion, a P/E ratio of 26.59 and a beta of 0.91. Capital Group Dividend Value ETF has a fifty-two week low of $30.94 and a fifty-two week high of $42.53.

Capital Group Dividend Value ETF Increases Dividend

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

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.