Capital Group Dividend Value ETF $CGDV Shares Sold by Choreo LLC

Choreo LLC trimmed its position in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 1.3% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 136,294 shares of the company’s stock after selling 1,726 shares during the period. Choreo LLC’s holdings in Capital Group Dividend Value ETF were worth $5,400,000 at the end of the most recent reporting period.

A number of other institutional investors also recently added to or reduced their stakes in the company. Trust Co. of Vermont acquired a new stake in Capital Group Dividend Value ETF during the 2nd quarter worth $29,000. Washington Trust Advisors Inc. acquired a new stake in shares of Capital Group Dividend Value ETF during the second quarter worth about $29,000. Capital Analysts LLC purchased a new stake in shares of Capital Group Dividend Value ETF in the 1st quarter valued at about $30,000. FNY Investment Advisers LLC acquired a new stake in shares of Capital Group Dividend Value ETF in the 2nd quarter valued at about $35,000. Finally, Blue Trust Inc. grew its stake in Capital Group Dividend Value ETF by 26.8% during the 2nd quarter. Blue Trust Inc. now owns 1,522 shares of the company’s stock worth $60,000 after buying an additional 322 shares during the last quarter.

Capital Group Dividend Value ETF Stock Performance

NYSEARCA CGDV opened at $43.67 on Thursday. The firm’s fifty day moving average is $42.43 and its two-hundred day moving average is $40.67. Capital Group Dividend Value ETF has a one year low of $30.94 and a one year high of $43.81. The firm has a market cap of $24.64 billion, a PE ratio of 26.59 and a beta of 0.89.

Capital Group Dividend Value ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, October 1st. Shareholders of record on Tuesday, September 30th were issued a $0.1359 dividend. This represents a $0.54 dividend on an annualized basis and a yield of 1.2%. This is an increase from Capital Group Dividend Value ETF’s previous quarterly dividend of $0.13. The ex-dividend date of this dividend 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.