GWN Securities Inc. Sells 30,003 Shares of Capital Group Dividend Value ETF $CGDV

GWN Securities Inc. trimmed its position in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 50.8% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 29,096 shares of the company’s stock after selling 30,003 shares during the period. GWN Securities Inc.’s holdings in Capital Group Dividend Value ETF were worth $1,150,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Ashton Thomas Private Wealth LLC bought a new position in Capital Group Dividend Value ETF during the second quarter valued at $2,747,000. Delta Investment Management LLC bought a new position in Capital Group Dividend Value ETF during the second quarter valued at $15,057,000. Signature Wealth Management Group grew its holdings in Capital Group Dividend Value ETF by 3.3% during the second quarter. Signature Wealth Management Group now owns 12,632 shares of the company’s stock valued at $499,000 after purchasing an additional 406 shares during the period. Envestnet Asset Management Inc. grew its holdings in Capital Group Dividend Value ETF by 9.9% during the second quarter. Envestnet Asset Management Inc. now owns 16,720,692 shares of the company’s stock valued at $660,300,000 after purchasing an additional 1,513,067 shares during the period. Finally, VestGen Investment Management grew its holdings in Capital Group Dividend Value ETF by 8.6% during the second quarter. VestGen Investment Management now owns 17,565 shares of the company’s stock valued at $694,000 after purchasing an additional 1,387 shares during the period.

Capital Group Dividend Value ETF Price Performance

NYSEARCA:CGDV opened at $43.22 on Tuesday. The company has a market cap of $23.89 billion, a P/E ratio of 26.59 and a beta of 0.89. The stock’s fifty day moving average price is $41.86 and its two-hundred day moving average price is $39.39. Capital Group Dividend Value ETF has a 1 year low of $30.94 and a 1 year high of $43.25.

Capital Group Dividend Value ETF Increases Dividend

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

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.