Security Financial Services INC. grew its stake in Capital Group Dividend Value ETF (NYSEARCA:CGDV – Free Report) by 674.7% during the third quarter, HoldingsChannel reports. The fund owned 182,693 shares of the company’s stock after acquiring an additional 159,110 shares during the quarter. Capital Group Dividend Value ETF comprises about 1.2% of Security Financial Services INC.’s holdings, making the stock its 24th largest position. Security Financial Services INC.’s holdings in Capital Group Dividend Value ETF were worth $8,925,000 as of its most recent SEC filing.
Several other large investors have also recently made changes to their positions in the stock. Dean Jacobson Financial Services LLC grew its stake in Capital Group Dividend Value ETF by 5.1% in the third quarter. Dean Jacobson Financial Services LLC now owns 233,766 shares of the company’s stock valued at $11,419,000 after purchasing an additional 11,297 shares during the last quarter. Vise Technologies Inc. lifted its position in shares of Capital Group Dividend Value ETF by 3.2% during the third quarter. Vise Technologies Inc. now owns 86,838 shares of the company’s stock valued at $4,242,000 after buying an additional 2,709 shares during the last quarter. BNB Wealth Management LLC boosted its holdings in shares of Capital Group Dividend Value ETF by 5.2% in the 3rd quarter. BNB Wealth Management LLC now owns 167,315 shares of the company’s stock valued at $8,173,000 after buying an additional 8,241 shares in the last quarter. Summit Global Investments boosted its holdings in shares of Capital Group Dividend Value ETF by 10.3% in the 3rd quarter. Summit Global Investments now owns 49,052 shares of the company’s stock valued at $2,396,000 after buying an additional 4,586 shares in the last quarter. Finally, MGO One Seven LLC grew its position in shares of Capital Group Dividend Value ETF by 18.4% in the 3rd quarter. MGO One Seven LLC now owns 771,312 shares of the company’s stock worth $37,679,000 after buying an additional 120,077 shares during the last quarter.
Capital Group Dividend Value ETF Price Performance
NYSEARCA CGDV opened at $48.81 on Monday. The firm has a market cap of $38.88 billion, a PE ratio of 26.59 and a beta of 0.88. The company has a 50 day moving average price of $49.41 and a 200 day moving average price of $47.44. Capital Group Dividend Value ETF has a 52 week low of $41.31 and a 52 week high of $51.63.
Capital Group Dividend Value ETF Increases Dividend
The company 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 an increase from Capital Group Dividend Value ETF’s previous quarterly dividend of $0.1471. This represents a $0.61 annualized dividend and a yield of 1.2%. The ex-dividend date of this dividend was Wednesday, 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. CGDV was launched on Feb 22, 2022 and is managed by Capital Group.
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Want to see what other hedge funds are holding CGDV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Capital Group Dividend Value ETF (NYSEARCA:CGDV – Free Report).
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