Capital Group Dividend Value ETF $CGDV Stock Position Raised by Rothschild Investment LLC

Rothschild Investment LLC lifted its stake in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 40.5% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 211,709 shares of the company’s stock after purchasing an additional 61,039 shares during the period. Rothschild Investment LLC’s holdings in Capital Group Dividend Value ETF were worth $8,898,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Lincoln Capital LLC raised its holdings 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 raised its holdings 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 valued at $550,000 after acquiring an additional 252 shares during the period. Ameriprise Financial Inc. lifted its position in shares of Capital Group Dividend Value ETF by 1.7% in the 2nd quarter. Ameriprise Financial Inc. now owns 16,080 shares of the company’s stock valued at $635,000 after acquiring an additional 263 shares in the last quarter. Fiduciary Alliance LLC boosted its stake in Capital Group Dividend Value ETF by 0.9% in the 3rd quarter. Fiduciary Alliance LLC now owns 31,880 shares of the company’s stock worth $1,340,000 after purchasing an additional 276 shares during the period. Finally, Atlas Legacy Advisors LLC lifted its holdings in shares of Capital Group Dividend Value ETF by 0.9% in the third quarter. Atlas Legacy Advisors LLC now owns 42,118 shares of the company’s stock valued at $1,770,000 after purchasing an additional 362 shares in the last quarter.

Capital Group Dividend Value ETF Trading Up 0.1%

Shares of CGDV stock opened at $45.33 on Tuesday. Capital Group Dividend Value ETF has a 1-year low of $30.94 and a 1-year high of $46.01. The company has a market capitalization of $28.95 billion, a price-to-earnings ratio of 26.59 and a beta of 0.89. The stock’s fifty day simple moving average is $44.34 and its 200-day simple moving average is $42.88.

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 paid a dividend of $0.1928 per share. This is a boost from Capital Group Dividend Value ETF’s previous quarterly dividend of $0.14. The ex-dividend date of this dividend was Friday, December 26th. This represents a $0.77 annualized dividend 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.