Entruity Wealth LLC Grows Holdings in Capital Group Dividend Value ETF $CGDV

Entruity Wealth LLC grew its holdings in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 2.9% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 408,182 shares of the company’s stock after buying an additional 11,518 shares during the quarter. Capital Group Dividend Value ETF accounts for about 13.3% of Entruity Wealth LLC’s holdings, making the stock its biggest position. Entruity Wealth LLC owned approximately 0.07% of Capital Group Dividend Value ETF worth $17,156,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Lincoln Capital LLC increased its holdings in Capital Group Dividend Value ETF by 1.4% during the 3rd quarter. Lincoln Capital LLC now owns 16,640 shares of the company’s stock worth $705,000 after purchasing an additional 235 shares in the last quarter. GPS Wealth Strategies Group LLC boosted its position in shares of Capital Group Dividend Value ETF by 2.0% during the third quarter. GPS Wealth Strategies Group LLC now owns 13,083 shares of the company’s stock valued at $550,000 after buying an additional 252 shares during the last quarter. Ameriprise Financial Inc. grew its holdings in Capital Group Dividend Value ETF by 1.7% during the second quarter. Ameriprise Financial Inc. now owns 16,080 shares of the company’s stock worth $635,000 after buying an additional 263 shares in the last quarter. Fiduciary Alliance LLC raised its position in Capital Group Dividend Value ETF by 0.9% in the 3rd quarter. Fiduciary Alliance LLC now owns 31,880 shares of the company’s stock valued at $1,340,000 after buying an additional 276 shares during the last quarter. Finally, Blue Trust Inc. lifted its stake in 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 in the last quarter.

Capital Group Dividend Value ETF Price Performance

NYSEARCA CGDV opened at $45.33 on Friday. The company has a fifty day moving average price of $44.30 and a 200-day moving average price of $42.82. The firm has a market cap of $28.95 billion, a price-to-earnings ratio of 26.59 and a beta of 0.89. Capital Group Dividend Value ETF has a 1 year low of $30.94 and a 1 year high of $46.01.

Capital Group Dividend Value ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, December 29th. Shareholders of record on Friday, December 26th were paid a $0.1928 dividend. This is a positive change from Capital Group Dividend Value ETF’s previous quarterly dividend of $0.14. The ex-dividend date was Friday, December 26th. This represents a $0.77 annualized dividend and a yield of 1.7%.

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. CGDV was launched on Feb 22, 2022 and is managed by Capital Group.