Wealthcare Capital Partners LLC Buys Shares of 10,541 Capital Group Dividend Value ETF (NYSEARCA:CGDV)

Wealthcare Capital Partners LLC bought a new stake in Capital Group Dividend Value ETF (NYSEARCA:CGDV) in the 1st quarter, according to its most recent disclosure with the SEC. The fund bought 10,541 shares of the company’s stock, valued at approximately $376,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Raymond James Financial Inc. purchased a new stake in shares of Capital Group Dividend Value ETF during the fourth quarter worth approximately $601,244,000. LPL Financial LLC increased its stake in shares of Capital Group Dividend Value ETF by 36.0% during the fourth quarter. LPL Financial LLC now owns 21,983,627 shares of the company’s stock worth $775,143,000 after buying an additional 5,814,581 shares during the period. Cetera Investment Advisers increased its stake in shares of Capital Group Dividend Value ETF by 42.2% during the fourth quarter. Cetera Investment Advisers now owns 8,447,056 shares of the company’s stock worth $297,843,000 after buying an additional 2,508,825 shares during the period. Advance Capital Management Inc. increased its stake in shares of Capital Group Dividend Value ETF by 17.7% during the first quarter. Advance Capital Management Inc. now owns 12,746,076 shares of the company’s stock worth $454,270,000 after buying an additional 1,919,506 shares during the period. Finally, Envestnet Asset Management Inc. increased its stake in shares of Capital Group Dividend Value ETF by 13.6% during the fourth quarter. Envestnet Asset Management Inc. now owns 11,136,141 shares of the company’s stock worth $392,660,000 after buying an additional 1,336,256 shares during the period.

Capital Group Dividend Value ETF Stock Performance

CGDV stock opened at $38.09 on Friday. The company’s 50 day moving average price is $35.36 and its 200 day moving average price is $35.96. Capital Group Dividend Value ETF has a fifty-two week low of $30.94 and a fifty-two week high of $38.23. The firm has a market capitalization of $17.20 billion, a price-to-earnings ratio of 26.38 and a beta of 0.90.

Capital Group Dividend Value ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Tuesday, April 1st. Investors of record on Monday, March 31st were paid a dividend of $0.1067 per share. The ex-dividend date was Monday, March 31st.

Capital Group Dividend Value ETF 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.