Capital Group Dividend Value ETF $CGDV Shares Bought by International Assets Investment Management LLC

International Assets Investment Management LLC boosted its stake in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 12.6% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 28,321 shares of the company’s stock after buying an additional 3,162 shares during the quarter. International Assets Investment Management LLC’s holdings in Capital Group Dividend Value ETF were worth $1,118,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in CGDV. Fifth Third Bancorp acquired a new position in Capital Group Dividend Value ETF during the first quarter worth about $37,000. ORG Partners LLC grew its position in Capital Group Dividend Value ETF by 100.4% during the first quarter. ORG Partners LLC now owns 1,102 shares of the company’s stock worth $39,000 after buying an additional 552 shares during the period. Advisor Resource Council acquired a new position in Capital Group Dividend Value ETF during the first quarter worth about $207,000. World Equity Group Inc. grew its position in Capital Group Dividend Value ETF by 14.7% during the first quarter. World Equity Group Inc. now owns 8,598 shares of the company’s stock worth $306,000 after buying an additional 1,104 shares during the period. Finally, Ergawealth Advisors Inc. grew its position in Capital Group Dividend Value ETF by 6.2% during the first quarter. Ergawealth Advisors Inc. now owns 544,581 shares of the company’s stock worth $19,409,000 after buying an additional 31,971 shares during the period.

Capital Group Dividend Value ETF Trading Up 0.2%

Shares of CGDV opened at $41.77 on Monday. The firm’s 50-day moving average is $41.67 and its two-hundred day moving average is $38.99. Capital Group Dividend Value ETF has a twelve month low of $30.94 and a twelve month high of $42.66. The firm has a market capitalization of $22.76 billion, a P/E ratio of 26.59 and a beta of 0.91.

Capital Group Dividend Value ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, October 1st. Stockholders of record on Tuesday, September 30th were given 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 annualized dividend and a dividend yield of 1.3%. The ex-dividend date was Tuesday, September 30th.

Capital Group Dividend Value ETF 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.