Landaas & Co. WI ADV Makes New Investment in Capital Group Dividend Value ETF $CGDV

Landaas & Co. WI ADV bought a new stake in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) in the 2nd quarter, HoldingsChannel reports. The fund bought 5,269 shares of the company’s stock, valued at approximately $208,000.

Other large investors also recently modified their holdings of the company. Per Stirling Capital Management LLC. grew its holdings in shares of Capital Group Dividend Value ETF by 1.1% during the first quarter. Per Stirling Capital Management LLC. now owns 57,742 shares of the company’s stock valued at $2,058,000 after purchasing an additional 644 shares during the last quarter. Tempus Wealth Planning LLC lifted its holdings in shares of Capital Group Dividend Value ETF by 12.5% in the 2nd quarter. Tempus Wealth Planning LLC now owns 253,873 shares of the company’s stock worth $10,025,000 after purchasing an additional 28,186 shares during the last quarter. Johnson Bixby & Associates LLC boosted its position in Capital Group Dividend Value ETF by 2.4% during the 2nd quarter. Johnson Bixby & Associates LLC now owns 1,968,586 shares of the company’s stock valued at $77,739,000 after purchasing an additional 46,774 shares during the period. KWB Wealth boosted its position in Capital Group Dividend Value ETF by 58.2% during the 2nd quarter. KWB Wealth now owns 200,054 shares of the company’s stock valued at $7,900,000 after purchasing an additional 73,630 shares during the period. Finally, ORG Partners LLC grew its stake in Capital Group Dividend Value ETF by 864.6% during the 2nd quarter. ORG Partners LLC now owns 10,630 shares of the company’s stock worth $421,000 after buying an additional 9,528 shares during the last quarter.

Capital Group Dividend Value ETF Price Performance

Shares of NYSEARCA CGDV opened at $42.88 on Monday. The firm has a market capitalization of $24.20 billion, a PE ratio of 26.59 and a beta of 0.89. Capital Group Dividend Value ETF has a 1-year low of $30.94 and a 1-year high of $43.56. The business’s fifty day moving average price is $42.30 and its two-hundred day moving average price is $40.30.

Capital Group Dividend Value ETF Increases Dividend

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

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.