Capital Group Dividend Value ETF $CGDV Shares Sold by Sigma Planning Corp

Sigma Planning Corp lowered its position in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 5.8% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 226,336 shares of the company’s stock after selling 13,816 shares during the period. Sigma Planning Corp’s holdings in Capital Group Dividend Value ETF were worth $9,517,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in CGDV. Advyzon Investment Management LLC grew its holdings in Capital Group Dividend Value ETF by 27.4% during the 3rd quarter. Advyzon Investment Management LLC now owns 31,760 shares of the company’s stock valued at $1,335,000 after purchasing an additional 6,839 shares in the last quarter. Convergence Financial LLC boosted its position in Capital Group Dividend Value ETF by 23.4% in the 3rd quarter. Convergence Financial LLC now owns 135,821 shares of the company’s stock valued at $5,709,000 after buying an additional 25,777 shares during the last quarter. Kovack Advisors Inc. boosted its position in Capital Group Dividend Value ETF by 135.6% in the 3rd quarter. Kovack Advisors Inc. now owns 68,283 shares of the company’s stock valued at $2,870,000 after buying an additional 39,302 shares during the last quarter. Strategic Family Wealth Counselors L.L.C. grew its stake in shares of Capital Group Dividend Value ETF by 24.6% during the third quarter. Strategic Family Wealth Counselors L.L.C. now owns 15,490 shares of the company’s stock valued at $651,000 after acquiring an additional 3,055 shares in the last quarter. Finally, Marshall & Sterling Wealth Advisors Inc. increased its position in shares of Capital Group Dividend Value ETF by 43.6% during the third quarter. Marshall & Sterling Wealth Advisors Inc. now owns 3,473 shares of the company’s stock worth $146,000 after acquiring an additional 1,054 shares during the last quarter.

Capital Group Dividend Value ETF Stock Performance

NYSEARCA:CGDV opened at $45.86 on Friday. The stock has a market cap of $29.29 billion, a price-to-earnings ratio of 26.59 and a beta of 0.89. Capital Group Dividend Value ETF has a one year low of $30.94 and a one year high of $46.01. The business’s 50-day simple moving average is $44.50 and its 200 day simple moving average is $43.01.

Capital Group Dividend Value ETF Increases Dividend

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

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. CGDV was launched on Feb 22, 2022 and is managed by Capital Group.