Lynch & Associates IN Boosts Holdings in Capital Group Dividend Value ETF (NYSEARCA:CGDV)

Lynch & Associates IN boosted its position in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 111.6% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 32,474 shares of the company’s stock after acquiring an additional 17,127 shares during the period. Lynch & Associates IN’s holdings in Capital Group Dividend Value ETF were worth $1,157,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently bought and sold shares of CGDV. Stephens Inc. AR purchased a new stake in Capital Group Dividend Value ETF during the fourth quarter valued at approximately $247,000. Allworth Financial LP lifted its position in Capital Group Dividend Value ETF by 7.5% during the fourth quarter. Allworth Financial LP now owns 144,526 shares of the company’s stock valued at $5,236,000 after acquiring an additional 10,116 shares during the last quarter. Strategic Financial Concepts LLC purchased a new stake in Capital Group Dividend Value ETF during the fourth quarter valued at approximately $258,000. Sanctuary Advisors LLC lifted its position in Capital Group Dividend Value ETF by 4.7% during the fourth quarter. Sanctuary Advisors LLC now owns 646,691 shares of the company’s stock valued at $23,876,000 after acquiring an additional 28,809 shares during the last quarter. Finally, Truist Financial Corp lifted its position in Capital Group Dividend Value ETF by 25.2% during the fourth quarter. Truist Financial Corp now owns 1,025,705 shares of the company’s stock valued at $36,166,000 after acquiring an additional 206,773 shares during the last quarter.

Capital Group Dividend Value ETF Stock Up 0.7%

NYSEARCA:CGDV opened at $38.60 on Tuesday. Capital Group Dividend Value ETF has a 52 week low of $30.94 and a 52 week high of $38.76. The firm has a 50 day moving average of $36.00 and a 200 day moving average of $36.02. The stock has a market capitalization of $17.43 billion, a price-to-earnings ratio of 26.38 and a beta of 0.90.

Capital Group Dividend Value ETF Dividend Announcement

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

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.