Capital Group Dividend Value ETF $CGDV Shares Acquired by Prospera Financial Services Inc

Prospera Financial Services Inc grew its stake in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 6.5% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,115,043 shares of the company’s stock after purchasing an additional 67,867 shares during the quarter. Capital Group Dividend Value ETF accounts for 0.8% of Prospera Financial Services Inc’s investment portfolio, making the stock its 20th biggest position. Prospera Financial Services Inc’s holdings in Capital Group Dividend Value ETF were worth $46,866,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also made changes to their positions in CGDV. Lincoln Capital LLC increased its stake in Capital Group Dividend Value ETF by 1.4% during the 3rd quarter. Lincoln Capital LLC now owns 16,640 shares of the company’s stock worth $705,000 after buying an additional 235 shares during the period. GPS Wealth Strategies Group LLC increased its position in shares of Capital Group Dividend Value ETF by 2.0% during the third quarter. GPS Wealth Strategies Group LLC now owns 13,083 shares of the company’s stock worth $550,000 after acquiring an additional 252 shares during the last quarter. Ameriprise Financial Inc. lifted its stake in shares of Capital Group Dividend Value ETF by 1.7% in the second quarter. Ameriprise Financial Inc. now owns 16,080 shares of the company’s stock worth $635,000 after acquiring an additional 263 shares in the last quarter. Fiduciary Alliance LLC lifted its stake in shares of Capital Group Dividend Value ETF by 0.9% in the third quarter. Fiduciary Alliance LLC now owns 31,880 shares of the company’s stock worth $1,340,000 after acquiring an additional 276 shares in the last quarter. Finally, Blue Trust Inc. boosted its holdings in Capital Group Dividend Value ETF by 26.8% in the second quarter. Blue Trust Inc. now owns 1,522 shares of the company’s stock valued at $60,000 after purchasing an additional 322 shares during the last quarter.

Capital Group Dividend Value ETF Stock Up 0.4%

CGDV stock opened at $45.64 on Tuesday. The stock’s 50 day moving average is $44.15 and its two-hundred day moving average is $42.72. Capital Group Dividend Value ETF has a 52-week low of $30.94 and a 52-week high of $45.75. The company has a market capitalization of $29.15 billion, a PE ratio of 26.59 and a beta of 0.89.

Capital Group Dividend Value ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 29th. Shareholders of record on Friday, December 26th were paid a dividend of $0.1928 per share. This is a positive change from Capital Group Dividend Value ETF’s previous quarterly dividend of $0.14. The ex-dividend date was Friday, December 26th. This represents a $0.77 dividend on an annualized basis and a yield of 1.7%.

Capital Group Dividend Value ETF Company 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. CGDV was launched on Feb 22, 2022 and is managed by Capital Group.