Capital Group Dividend Value ETF $CGDV Shares Bought by Bill Few Associates Inc.

Bill Few Associates Inc. grew its holdings in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 21.2% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 123,862 shares of the company’s stock after purchasing an additional 21,699 shares during the period. Capital Group Dividend Value ETF accounts for 1.4% of Bill Few Associates Inc.’s portfolio, making the stock its 19th biggest position. Bill Few Associates Inc.’s holdings in Capital Group Dividend Value ETF were worth $4,891,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. LPL Financial LLC raised its holdings in shares of Capital Group Dividend Value ETF by 34.0% during the first quarter. LPL Financial LLC now owns 29,452,035 shares of the company’s stock worth $1,049,670,000 after purchasing an additional 7,468,408 shares during the period. Raymond James Financial Inc. raised its holdings in shares of Capital Group Dividend Value ETF by 1.8% during the first quarter. Raymond James Financial Inc. now owns 17,353,649 shares of the company’s stock worth $618,484,000 after purchasing an additional 301,908 shares during the period. Envestnet Asset Management Inc. raised its holdings in shares of Capital Group Dividend Value ETF by 36.6% during the first quarter. Envestnet Asset Management Inc. now owns 15,207,625 shares of the company’s stock worth $542,000,000 after purchasing an additional 4,071,484 shares during the period. Northwestern Mutual Wealth Management Co. raised its holdings in shares of Capital Group Dividend Value ETF by 19.1% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 13,831,238 shares of the company’s stock worth $492,945,000 after purchasing an additional 2,220,112 shares during the period. Finally, Cetera Investment Advisers raised its holdings in shares of Capital Group Dividend Value ETF by 19.8% during the first quarter. Cetera Investment Advisers now owns 10,119,747 shares of the company’s stock worth $360,668,000 after purchasing an additional 1,672,691 shares during the period.

Capital Group Dividend Value ETF Stock Performance

Shares of NYSEARCA:CGDV opened at $41.33 on Monday. The stock has a market capitalization of $22.39 billion, a price-to-earnings ratio of 26.59 and a beta of 0.91. Capital Group Dividend Value ETF has a 1-year low of $30.94 and a 1-year high of $42.66. The company’s fifty day moving average is $41.55 and its two-hundred day moving average is $38.76.

Capital Group Dividend Value ETF Increases Dividend

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

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.