120,077 Capital Group Dividend Value ETF $CGDV Shares Bought by MGO One Seven LLC

MGO One Seven LLC boosted its holdings in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 18.4% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 771,312 shares of the company’s stock after purchasing an additional 120,077 shares during the quarter. Capital Group Dividend Value ETF comprises about 0.6% of MGO One Seven LLC’s investment portfolio, making the stock its 24th largest position. MGO One Seven LLC’s holdings in Capital Group Dividend Value ETF were worth $37,679,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of CGDV. Ameritas Advisory Services LLC lifted its stake in shares of Capital Group Dividend Value ETF by 179.5% in the 2nd quarter. Ameritas Advisory Services LLC now owns 1,092,250 shares of the company’s stock valued at $53,826,000 after purchasing an additional 701,514 shares during the last quarter. Capital Analysts LLC boosted its holdings in shares of Capital Group Dividend Value ETF by 27.8% in the 2nd quarter. Capital Analysts LLC now owns 164,262 shares of the company’s stock worth $8,095,000 after purchasing an additional 35,765 shares during the period. Guardian Wealth Advisors LLC NC boosted its holdings in shares of Capital Group Dividend Value ETF by 2.1% in the 2nd quarter. Guardian Wealth Advisors LLC NC now owns 1,281,501 shares of the company’s stock worth $63,200,000 after purchasing an additional 26,012 shares during the period. Concurrent Investment Advisors LLC increased its position in shares of Capital Group Dividend Value ETF by 2.1% during the 2nd quarter. Concurrent Investment Advisors LLC now owns 971,237 shares of the company’s stock valued at $47,863,000 after purchasing an additional 19,594 shares during the last quarter. Finally, PCG Wealth Advisors LLC increased its position in shares of Capital Group Dividend Value ETF by 5.3% during the 2nd quarter. PCG Wealth Advisors LLC now owns 681,934 shares of the company’s stock valued at $33,606,000 after purchasing an additional 34,563 shares during the last quarter.

Capital Group Dividend Value ETF Stock Performance

NYSEARCA:CGDV opened at $48.81 on Friday. The stock’s fifty day moving average is $49.41 and its 200 day moving average is $47.44. Capital Group Dividend Value ETF has a fifty-two week low of $41.31 and a fifty-two week high of $51.63. The firm has a market capitalization of $38.88 billion, a PE ratio of 26.59 and a beta of 0.88.

Capital Group Dividend Value ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 1st. Shareholders of record on Wednesday, September 30th were given a dividend of $0.1522 per share. This represents a $0.61 dividend on an annualized basis and a yield of 1.2%. This is a positive change from Capital Group Dividend Value ETF’s previous quarterly dividend of $0.1471. The ex-dividend date was Wednesday, September 30th.

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