18,912 Capital Group Dividend Value ETF $CGDV Shares Bought by National Wealth Management Group LLC

National Wealth Management Group LLC lifted its stake in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 45.7% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 60,310 shares of the company’s stock after buying an additional 18,912 shares during the period. National Wealth Management Group LLC’s holdings in Capital Group Dividend Value ETF were worth $2,946,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of CGDV. FSA Wealth Partners Inc. raised its holdings in shares of Capital Group Dividend Value ETF by 4.9% during the 3rd quarter. FSA Wealth Partners Inc. now owns 334,888 shares of the company’s stock valued at $16,359,000 after buying an additional 15,711 shares during the period. Flagship Harbor Advisors LLC lifted its position in Capital Group Dividend Value ETF by 9.7% during the 3rd quarter. Flagship Harbor Advisors LLC now owns 306,208 shares of the company’s stock worth $14,958,000 after acquiring an additional 27,087 shares in the last quarter. Sage Investment Counsel LLC acquired a new position in Capital Group Dividend Value ETF during the 3rd quarter worth approximately $245,000. Equity Wealth Partners LLC boosted its holdings in Capital Group Dividend Value ETF by 77.5% in the 3rd quarter. Equity Wealth Partners LLC now owns 36,416 shares of the company’s stock worth $1,779,000 after acquiring an additional 15,899 shares during the period. Finally, Apollon Wealth Management LLC boosted its holdings in Capital Group Dividend Value ETF by 8.4% in the 3rd quarter. Apollon Wealth Management LLC now owns 510,934 shares of the company’s stock worth $24,959,000 after acquiring an additional 39,801 shares during the period.

Capital Group Dividend Value ETF Stock Up 0.8%

NYSEARCA CGDV opened at $48.83 on Tuesday. Capital Group Dividend Value ETF has a fifty-two week low of $41.31 and a fifty-two week high of $51.63. The business has a 50 day moving average price of $49.50 and a two-hundred day moving average price of $47.34. The stock has a market cap of $39.51 billion, a PE ratio of 26.59 and a beta of 0.88.

Capital Group Dividend Value ETF Increases Dividend

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

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.