Atria Wealth Solutions Inc. Sells 179,572 Shares of Capital Group Dividend Value ETF $CGDV

Atria Wealth Solutions Inc. trimmed its holdings in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 17.0% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 877,929 shares of the company’s stock after selling 179,572 shares during the quarter. Capital Group Dividend Value ETF comprises about 0.8% of Atria Wealth Solutions Inc.’s investment portfolio, making the stock its 15th largest holding. Atria Wealth Solutions Inc.’s holdings in Capital Group Dividend Value ETF were worth $34,929,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of the business. Blue Trust Inc. lifted its position in shares of Capital Group Dividend Value ETF by 26.8% during the 2nd quarter. Blue Trust Inc. now owns 1,522 shares of the company’s stock valued at $60,000 after acquiring an additional 322 shares during the period. Warner Financial Inc. increased its holdings in Capital Group Dividend Value ETF by 3.4% in the 1st quarter. Warner Financial Inc. now owns 10,242 shares of the company’s stock valued at $365,000 after buying an additional 341 shares during the period. Lodestar Private Asset Management LLC increased its holdings in Capital Group Dividend Value ETF by 0.4% in the 1st quarter. Lodestar Private Asset Management LLC now owns 81,168 shares of the company’s stock valued at $2,893,000 after buying an additional 353 shares during the period. MSH Capital Advisors LLC increased its holdings in Capital Group Dividend Value ETF by 1.4% in the 1st quarter. MSH Capital Advisors LLC now owns 28,152 shares of the company’s stock valued at $1,003,000 after buying an additional 383 shares during the period. Finally, Cornerstone Wealth Management LLC increased its holdings in Capital Group Dividend Value ETF by 2.0% in the 1st quarter. Cornerstone Wealth Management LLC now owns 21,024 shares of the company’s stock valued at $749,000 after buying an additional 404 shares during the period.

Capital Group Dividend Value ETF Stock Down 2.4%

CGDV stock opened at $41.33 on Monday. Capital Group Dividend Value ETF has a 12 month low of $30.94 and a 12 month high of $42.66. The firm has a market cap of $22.39 billion, a P/E ratio of 26.59 and a beta of 0.91. The company’s 50-day moving average price is $41.55 and its two-hundred day moving average price is $38.76.

Capital Group Dividend Value ETF Increases Dividend

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

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.