Capital Group Dividend Value ETF $CGDV Shares Sold by FinDec Wealth Services Inc.

FinDec Wealth Services Inc. reduced its position in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 59.0% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 17,533 shares of the company’s stock after selling 25,266 shares during the quarter. Capital Group Dividend Value ETF comprises approximately 0.7% of FinDec Wealth Services Inc.’s portfolio, making the stock its 17th biggest position. FinDec Wealth Services Inc.’s holdings in Capital Group Dividend Value ETF were worth $692,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of CGDV. Hughes Financial Services LLC acquired a new stake in shares of Capital Group Dividend Value ETF in the first quarter valued at approximately $28,000. Trust Co. of Vermont acquired a new stake in shares of Capital Group Dividend Value ETF during the second quarter worth $29,000. Capital Analysts LLC acquired a new stake in shares of Capital Group Dividend Value ETF during the first quarter worth $30,000. Golden State Wealth Management LLC acquired a new stake in shares of Capital Group Dividend Value ETF during the first quarter worth $32,000. Finally, Fifth Third Bancorp acquired a new stake in shares of Capital Group Dividend Value ETF during the first quarter worth $37,000.

Capital Group Dividend Value ETF Price Performance

Shares of NYSEARCA CGDV opened at $41.33 on Friday. The stock has a fifty day moving average price of $41.55 and a 200 day moving average price of $38.73. Capital Group Dividend Value ETF has a 1-year low of $30.94 and a 1-year high of $42.66. The company has a market cap of $22.29 billion, a PE ratio of 26.59 and a beta of 0.91.

Capital Group Dividend Value ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, October 1st. Investors of record on Tuesday, September 30th were issued a dividend of $0.1359 per share. This is a boost from Capital Group Dividend Value ETF’s previous quarterly dividend of $0.13. This represents a $0.54 annualized dividend and a dividend yield of 1.3%. The ex-dividend date of this dividend was Tuesday, September 30th.

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.