AA Financial Advisors LLC Purchases 27,508 Shares of Capital Group Dividend Value ETF $CGDV

AA Financial Advisors LLC boosted its position in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 3.0% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 951,821 shares of the company’s stock after acquiring an additional 27,508 shares during the period. Capital Group Dividend Value ETF accounts for 5.5% of AA Financial Advisors LLC’s holdings, making the stock its 2nd biggest position. AA Financial Advisors LLC owned 0.12% of Capital Group Dividend Value ETF worth $46,496,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the company. Cetera Investment Advisers grew its holdings in Capital Group Dividend Value ETF by 12.0% in the first quarter. Cetera Investment Advisers now owns 18,359,294 shares of the company’s stock worth $781,004,000 after purchasing an additional 1,959,868 shares during the last quarter. Bank of America Corp DE increased its position in shares of Capital Group Dividend Value ETF by 7.0% during the first quarter. Bank of America Corp DE now owns 17,913,033 shares of the company’s stock worth $762,020,000 after purchasing an additional 1,166,097 shares in the last quarter. Advance Capital Management Inc. increased its position in shares of Capital Group Dividend Value ETF by 1.4% during the first quarter. Advance Capital Management Inc. now owns 10,192,029 shares of the company’s stock worth $433,569,000 after purchasing an additional 140,796 shares in the last quarter. Royal Bank of Canada lifted its holdings in shares of Capital Group Dividend Value ETF by 19.6% during the 1st quarter. Royal Bank of Canada now owns 7,479,465 shares of the company’s stock valued at $318,176,000 after purchasing an additional 1,223,486 shares during the last quarter. Finally, Kestra Advisory Services LLC lifted its holdings in shares of Capital Group Dividend Value ETF by 14.9% during the 1st quarter. Kestra Advisory Services LLC now owns 5,857,420 shares of the company’s stock valued at $249,175,000 after purchasing an additional 760,675 shares during the last quarter.

Capital Group Dividend Value ETF Stock Up 0.2%

Shares of Capital Group Dividend Value ETF stock traded up $0.10 during trading on Monday, reaching $49.03. The company’s stock had a trading volume of 2,509,485 shares, compared to its average volume of 4,122,210. The company has a market cap of $38.80 billion, a price-to-earnings ratio of 26.59 and a beta of 0.88. Capital Group Dividend Value ETF has a 1-year low of $41.31 and a 1-year high of $51.63. The company has a 50-day simple moving average of $49.76 and a two-hundred day simple moving average of $48.44.

Capital Group Dividend Value ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, October 1st. Investors of record on Wednesday, September 30th were given a dividend of $0.1522 per share. The ex-dividend date of this dividend was Wednesday, September 30th. This represents a $0.61 annualized dividend and a yield of 1.2%. This is an increase from Capital Group Dividend Value ETF’s previous quarterly dividend of $0.1471.

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. CGDV was launched on Feb 22, 2022 and is managed by Capital Group.