Ulrich Consultants & Investment Group LLC Purchases New Stake in Capital Group Dividend Value ETF $CGDV

Ulrich Consultants & Investment Group LLC bought a new stake in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund bought 19,300 shares of the company’s stock, valued at approximately $943,000. Capital Group Dividend Value ETF comprises about 1.0% of Ulrich Consultants & Investment Group LLC’s investment portfolio, making the stock its 17th largest holding.

Other large investors have also recently added to or reduced their stakes in the company. Richards Merrill & Peterson Inc. boosted its position in shares of Capital Group Dividend Value ETF by 72.6% during the first quarter. Richards Merrill & Peterson Inc. now owns 59,315 shares of the company’s stock worth $2,523,000 after buying an additional 24,945 shares during the period. Ameritas Advisory Services LLC lifted its stake in shares of Capital Group Dividend Value ETF by 179.5% in the 2nd quarter. Ameritas Advisory Services LLC now owns 1,092,250 shares of the company’s stock worth $53,826,000 after acquiring an additional 701,514 shares during the period. OakTrust Wealth Advisors LLC bought a new position in shares of Capital Group Dividend Value ETF in the fourth quarter valued at approximately $961,000. Capital Analysts LLC increased its stake in shares of Capital Group Dividend Value ETF by 27.8% during the second quarter. Capital Analysts LLC now owns 164,262 shares of the company’s stock valued at $8,095,000 after acquiring an additional 35,765 shares during the period. Finally, Guardian Wealth Advisors LLC NC raised its stake in shares of Capital Group Dividend Value ETF by 2.1% in the 2nd quarter. Guardian Wealth Advisors LLC NC now owns 1,281,501 shares of the company’s stock worth $63,200,000 after buying an additional 26,012 shares in the last quarter.

Capital Group Dividend Value ETF Trading Up 0.2%

Shares of NYSEARCA CGDV opened at $49.68 on Wednesday. Capital Group Dividend Value ETF has a twelve month low of $41.24 and a twelve month high of $51.63. The firm has a 50-day moving average of $49.87 and a two-hundred day moving average of $48.29. The company has a market capitalization of $39.26 billion, a price-to-earnings ratio of 26.59 and a beta of 0.88.

Capital Group Dividend Value ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, October 1st. Shareholders of record on Wednesday, September 30th were issued a $0.1522 dividend. This is a boost from Capital Group Dividend Value ETF’s previous quarterly dividend of $0.1471. The ex-dividend date of this dividend was Wednesday, September 30th. This represents a $0.61 annualized dividend and a yield of 1.2%.

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