Hopwood Financial Services Inc. Grows Stock Holdings in Capital Group Dividend Value ETF $CGDV

Hopwood Financial Services Inc. grew its stake in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 378.6% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 24,883 shares of the company’s stock after acquiring an additional 19,684 shares during the period. Capital Group Dividend Value ETF accounts for 0.7% of Hopwood Financial Services Inc.’s holdings, making the stock its 25th biggest holding. Hopwood Financial Services Inc.’s holdings in Capital Group Dividend Value ETF were worth $1,046,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently modified their holdings of the company. Prospera Financial Services Inc grew its stake in Capital Group Dividend Value ETF by 6.5% in the third quarter. Prospera Financial Services Inc now owns 1,115,043 shares of the company’s stock worth $46,866,000 after purchasing an additional 67,867 shares in the last quarter. Oppenheimer & Co. Inc. raised its position in Capital Group Dividend Value ETF by 3.4% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 189,136 shares of the company’s stock valued at $7,949,000 after purchasing an additional 6,154 shares in the last quarter. Western Wealth Management LLC lifted its holdings in shares of Capital Group Dividend Value ETF by 32.2% in the 3rd quarter. Western Wealth Management LLC now owns 1,000,724 shares of the company’s stock worth $42,060,000 after buying an additional 243,853 shares during the period. LexAurum Advisors LLC bought a new position in shares of Capital Group Dividend Value ETF during the 3rd quarter worth $201,000. Finally, Fullcircle Wealth LLC grew its position in shares of Capital Group Dividend Value ETF by 17.0% during the 3rd quarter. Fullcircle Wealth LLC now owns 45,019 shares of the company’s stock worth $1,911,000 after buying an additional 6,530 shares in the last quarter.

Capital Group Dividend Value ETF Price Performance

CGDV stock opened at $45.64 on Tuesday. Capital Group Dividend Value ETF has a 1-year low of $30.94 and a 1-year high of $45.75. The business has a 50-day moving average price of $44.15 and a 200 day moving average price of $42.72. The company has a market capitalization of $29.15 billion, a P/E ratio of 26.59 and a beta of 0.89.

Capital Group Dividend Value ETF Increases Dividend

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

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.