Capital Group Dividend Value ETF $CGDV Shares Bought by Wealthcare Capital Partners LLC

Wealthcare Capital Partners LLC lifted its stake in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 130.0% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 24,241 shares of the company’s stock after acquiring an additional 13,700 shares during the period. Wealthcare Capital Partners LLC’s holdings in Capital Group Dividend Value ETF were worth $957,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently made changes to their positions in the company. Golden State Wealth Management LLC acquired a new stake in shares of Capital Group Dividend Value ETF in the 1st quarter worth approximately $32,000. Bank of New York Mellon Corp bought a new stake in shares of Capital Group Dividend Value ETF in the 1st quarter worth approximately $42,545,000. Per Stirling Capital Management LLC. raised its holdings in shares of Capital Group Dividend Value ETF by 1.1% in the 1st quarter. Per Stirling Capital Management LLC. now owns 57,742 shares of the company’s stock worth $2,058,000 after purchasing an additional 644 shares in the last quarter. Fifth Third Bancorp bought a new stake in shares of Capital Group Dividend Value ETF in the 1st quarter worth approximately $37,000. Finally, Brown Advisory Inc. raised its holdings in shares of Capital Group Dividend Value ETF by 153.4% in the 1st quarter. Brown Advisory Inc. now owns 18,152 shares of the company’s stock worth $647,000 after purchasing an additional 10,989 shares in the last quarter.

Capital Group Dividend Value ETF Price Performance

NYSEARCA CGDV opened at $42.34 on Friday. The company’s 50 day simple moving average is $41.40 and its 200 day simple moving average is $38.54. Capital Group Dividend Value ETF has a 12 month low of $30.94 and a 12 month high of $42.53. The company has a market capitalization of $22.54 billion, a P/E ratio of 26.59 and a beta of 0.91.

Capital Group Dividend Value ETF Increases Dividend

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

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.