Capital Group Dividend Value ETF $CGDV Stock Holdings Trimmed by Bouvel Investment Partners LLC

Bouvel Investment Partners LLC lessened its holdings in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 19.4% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 235,814 shares of the company’s stock after selling 56,797 shares during the quarter. Capital Group Dividend Value ETF makes up about 2.7% of Bouvel Investment Partners LLC’s portfolio, making the stock its 7th biggest holding. Bouvel Investment Partners LLC’s holdings in Capital Group Dividend Value ETF were worth $11,520,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of CGDV. Scott Capital Advisors LLC increased its holdings in shares of Capital Group Dividend Value ETF by 2.4% during the 3rd quarter. Scott Capital Advisors LLC now owns 154,652 shares of the company’s stock worth $7,657,000 after buying an additional 3,673 shares during the last quarter. Wealth Science Advisors LLC raised its holdings in shares of Capital Group Dividend Value ETF by 5.9% in the 3rd quarter. Wealth Science Advisors LLC now owns 724,841 shares of the company’s stock valued at $35,408,000 after buying an additional 40,128 shares during the period. Freestate Advisors LLC boosted its holdings in Capital Group Dividend Value ETF by 1.7% during the 3rd quarter. Freestate Advisors LLC now owns 22,962 shares of the company’s stock valued at $1,122,000 after acquiring an additional 382 shares during the period. Lincoln Capital LLC lifted its position in shares of Capital Group Dividend Value ETF by 20.4% during the third quarter. Lincoln Capital LLC now owns 29,258 shares of the company’s stock worth $1,430,000 after purchasing an additional 4,950 shares in the last quarter. Finally, Bill Few Associates Inc. lifted its holdings in Capital Group Dividend Value ETF by 25.2% during the 3rd quarter. Bill Few Associates Inc. now owns 195,237 shares of the company’s stock worth $9,537,000 after buying an additional 39,329 shares in the last quarter.

Capital Group Dividend Value ETF Trading Up 0.2%

Shares of CGDV stock traded up $0.10 on Tuesday, reaching $49.68. 2,570,602 shares of the stock were exchanged, compared to its average volume of 4,142,450. Capital Group Dividend Value ETF has a twelve month low of $41.24 and a twelve month high of $51.63. The company has a market capitalization of $39.19 billion, a price-to-earnings ratio of 26.59 and a beta of 0.88. The business’s 50 day moving average price is $49.90 and its 200 day moving average price is $48.24.

Capital Group Dividend Value ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, October 1st. Investors of record on Wednesday, September 30th were given a $0.1522 dividend. This is a boost from Capital Group Dividend Value ETF’s previous quarterly dividend of $0.1471. The ex-dividend date was Wednesday, September 30th. This represents a $0.61 annualized dividend and a yield of 1.2%.

About Capital Group Dividend Value ETF

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.