Bleakley Financial Group LLC Acquires 3,598 Shares of Capital Group Dividend Value ETF $CGDV

Bleakley Financial Group LLC grew its holdings in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 3.6% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 103,417 shares of the company’s stock after purchasing an additional 3,598 shares during the quarter. Bleakley Financial Group LLC’s holdings in Capital Group Dividend Value ETF were worth $4,084,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently made changes to their positions in CGDV. Freedom Investment Management Inc. lifted its stake in Capital Group Dividend Value ETF by 58.4% in the second quarter. Freedom Investment Management Inc. now owns 16,545 shares of the company’s stock valued at $653,000 after buying an additional 6,103 shares during the period. BlueChip Wealth Advisors LLC increased its stake in shares of Capital Group Dividend Value ETF by 34.9% in the 2nd quarter. BlueChip Wealth Advisors LLC now owns 153,756 shares of the company’s stock valued at $6,072,000 after acquiring an additional 39,747 shares in the last quarter. Onyx Bridge Wealth Group LLC lifted its position in shares of Capital Group Dividend Value ETF by 179.6% during the 2nd quarter. Onyx Bridge Wealth Group LLC now owns 351,837 shares of the company’s stock valued at $13,902,000 after acquiring an additional 226,012 shares during the period. FNY Investment Advisers LLC acquired a new position in shares of Capital Group Dividend Value ETF during the 2nd quarter valued at $35,000. Finally, D.A. Davidson & CO. boosted its stake in Capital Group Dividend Value ETF by 1.7% during the second quarter. D.A. Davidson & CO. now owns 3,296,914 shares of the company’s stock worth $130,195,000 after acquiring an additional 55,004 shares in the last quarter.

Capital Group Dividend Value ETF Trading Up 0.9%

NYSEARCA:CGDV opened at $42.65 on Friday. Capital Group Dividend Value ETF has a 12 month low of $30.94 and a 12 month high of $42.74. The stock has a market capitalization of $23.24 billion, a price-to-earnings ratio of 26.59 and a beta of 0.91. The firm has a fifty day simple moving average of $41.79 and a two-hundred day simple moving average of $39.17.

Capital Group Dividend Value ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, October 1st. Stockholders of record on Tuesday, September 30th were paid a $0.1359 dividend. The ex-dividend date was Tuesday, September 30th. This represents a $0.54 annualized dividend and a dividend yield of 1.3%. This is a boost from Capital Group Dividend Value ETF’s previous quarterly dividend of $0.13.

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.