CJM Wealth Advisers Ltd. Purchases 25,501 Shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV)

CJM Wealth Advisers Ltd. grew its stake in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 182.3% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 39,488 shares of the company’s stock after buying an additional 25,501 shares during the period. Capital Group Dividend Value ETF makes up 0.5% of CJM Wealth Advisers Ltd.’s portfolio, making the stock its 22nd biggest position. CJM Wealth Advisers Ltd.’s holdings in Capital Group Dividend Value ETF were worth $1,407,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in CGDV. Venturi Wealth Management LLC acquired a new stake in shares of Capital Group Dividend Value ETF during the fourth quarter worth about $47,000. PNC Financial Services Group Inc. acquired a new stake in Capital Group Dividend Value ETF in the 4th quarter valued at approximately $55,000. Blue Trust Inc. raised its position in Capital Group Dividend Value ETF by 33.3% in the 4th quarter. Blue Trust Inc. now owns 1,600 shares of the company’s stock valued at $58,000 after buying an additional 400 shares during the last quarter. Colonial Trust Co SC acquired a new stake in Capital Group Dividend Value ETF in the 4th quarter valued at approximately $87,000. Finally, SRS Capital Advisors Inc. acquired a new stake in Capital Group Dividend Value ETF in the 4th quarter valued at approximately $151,000.

Capital Group Dividend Value ETF Stock Up 0.7%

CGDV stock opened at $38.09 on Monday. The business has a 50 day moving average price of $35.36 and a two-hundred day moving average price of $35.96. The company has a market cap of $17.20 billion, a price-to-earnings ratio of 26.38 and a beta of 0.90. Capital Group Dividend Value ETF has a twelve month low of $30.94 and a twelve month high of $38.24.

Capital Group Dividend Value ETF Announces Dividend

The business also recently declared a dividend, which was paid on Tuesday, April 1st. Shareholders of record on Monday, March 31st were paid a $0.1067 dividend. The ex-dividend date of this dividend was Monday, March 31st.

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.