Capital Group Dividend Value ETF $CGDV Shares Bought by Aurdan Capital Management LLC

Aurdan Capital Management LLC lifted its holdings in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 38.8% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 126,191 shares of the company’s stock after acquiring an additional 35,307 shares during the period. Capital Group Dividend Value ETF makes up 1.7% of Aurdan Capital Management LLC’s portfolio, making the stock its 14th biggest position. Aurdan Capital Management LLC’s holdings in Capital Group Dividend Value ETF were worth $4,983,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in CGDV. Hughes Financial Services LLC acquired a new stake in shares of Capital Group Dividend Value ETF in the first quarter worth $28,000. Trust Co. of Vermont acquired a new stake in shares of Capital Group Dividend Value ETF in the second quarter worth $29,000. Washington Trust Advisors Inc. acquired a new stake in shares of Capital Group Dividend Value ETF in the second quarter worth $29,000. Capital Analysts LLC acquired a new stake in shares of Capital Group Dividend Value ETF in the first quarter worth $30,000. Finally, Golden State Wealth Management LLC acquired a new stake in shares of Capital Group Dividend Value ETF in the first quarter worth $32,000.

Capital Group Dividend Value ETF Trading Down 0.0%

CGDV opened at $42.66 on Friday. The company has a fifty day simple moving average of $42.01 and a 200 day simple moving average of $39.64. The firm has a market cap of $23.77 billion, a price-to-earnings ratio of 26.59 and a beta of 0.89. Capital Group Dividend Value ETF has a twelve month low of $30.94 and a twelve month high of $43.40.

Capital Group Dividend Value ETF Increases Dividend

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

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.