D.A. Davidson & CO. Acquires 55,004 Shares of Capital Group Dividend Value ETF $CGDV

D.A. Davidson & CO. raised its holdings in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 1.7% during the second quarter, according to its most recent filing with the SEC. The firm owned 3,296,914 shares of the company’s stock after purchasing an additional 55,004 shares during the period. Capital Group Dividend Value ETF accounts for about 0.9% of D.A. Davidson & CO.’s portfolio, making the stock its 20th largest position. D.A. Davidson & CO. owned 0.68% of Capital Group Dividend Value ETF worth $130,195,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Advisor Resource Council bought a new position in shares of Capital Group Dividend Value ETF during the first quarter valued at approximately $207,000. Flagship Harbor Advisors LLC lifted its holdings in Capital Group Dividend Value ETF by 15.8% during the first quarter. Flagship Harbor Advisors LLC now owns 38,917 shares of the company’s stock worth $1,387,000 after buying an additional 5,306 shares during the period. Oppenheimer & Co. Inc. boosted its position in Capital Group Dividend Value ETF by 16.2% during the 1st quarter. Oppenheimer & Co. Inc. now owns 94,229 shares of the company’s stock valued at $3,358,000 after acquiring an additional 13,160 shares in the last quarter. IMG Wealth Management Inc. boosted its position in Capital Group Dividend Value ETF by 5.6% during the 1st quarter. IMG Wealth Management Inc. now owns 205,992 shares of the company’s stock valued at $7,342,000 after acquiring an additional 10,850 shares in the last quarter. Finally, International Assets Investment Management LLC increased its holdings in shares of Capital Group Dividend Value ETF by 39.7% in the 1st quarter. International Assets Investment Management LLC now owns 25,159 shares of the company’s stock valued at $897,000 after acquiring an additional 7,147 shares during the period.

Capital Group Dividend Value ETF Trading Up 0.4%

CGDV opened at $42.32 on Wednesday. The firm has a market cap of $23.06 billion, a price-to-earnings ratio of 26.59 and a beta of 0.91. Capital Group Dividend Value ETF has a 12 month low of $30.94 and a 12 month high of $42.66. The stock has a fifty day moving average price of $41.73 and a 200-day moving average price of $39.08.

Capital Group Dividend Value ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, October 1st. Shareholders of record on Tuesday, September 30th were issued 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 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date 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.