Capital Group Dividend Value ETF $CGDV Shares Purchased by Richards Merrill & Peterson Inc.

Richards Merrill & Peterson Inc. grew its holdings in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 66.6% in the second quarter, according to its most recent filing with the SEC. The firm owned 13,330 shares of the company’s stock after acquiring an additional 5,330 shares during the quarter. Richards Merrill & Peterson Inc.’s holdings in Capital Group Dividend Value ETF were worth $526,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Hughes Financial Services LLC acquired a new stake in Capital Group Dividend Value ETF in the first quarter worth about $28,000. Trust Co. of Vermont acquired a new position in Capital Group Dividend Value ETF during the 2nd quarter valued at about $29,000. Washington Trust Advisors Inc. bought a new stake in shares of Capital Group Dividend Value ETF during the 2nd quarter worth about $29,000. Capital Analysts LLC acquired a new stake in shares of Capital Group Dividend Value ETF in the 1st quarter worth approximately $30,000. Finally, Golden State Wealth Management LLC acquired a new stake in shares of Capital Group Dividend Value ETF in the 1st quarter worth approximately $32,000.

Capital Group Dividend Value ETF Price Performance

NYSEARCA CGDV opened at $42.85 on Friday. Capital Group Dividend Value ETF has a 12 month low of $30.94 and a 12 month high of $42.97. The firm has a market capitalization of $23.65 billion, a PE ratio of 26.59 and a beta of 0.91. The company’s 50 day simple moving average is $41.82 and its 200 day simple moving average is $39.25.

Capital Group Dividend Value ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, October 1st. Stockholders of record on Tuesday, September 30th were issued a $0.1359 dividend. This represents a $0.54 annualized dividend and a dividend yield of 1.3%. This is a positive change from Capital Group Dividend Value ETF’s previous quarterly dividend of $0.13. 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.