Bleakley Financial Group LLC Raises Stake in Capital Group Dividend Value ETF $CGDV

Bleakley Financial Group LLC boosted its stake in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 3.6% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 103,417 shares of the company’s stock after buying an additional 3,598 shares during the quarter. Bleakley Financial Group LLC’s holdings in Capital Group Dividend Value ETF were worth $4,084,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in the stock. Freedom Investment Management Inc. boosted its stake in Capital Group Dividend Value ETF by 58.4% in the second quarter. Freedom Investment Management Inc. now owns 16,545 shares of the company’s stock valued at $653,000 after acquiring an additional 6,103 shares during the last quarter. BlueChip Wealth Advisors LLC raised its holdings in shares of Capital Group Dividend Value ETF by 34.9% in the 2nd quarter. BlueChip Wealth Advisors LLC now owns 153,756 shares of the company’s stock worth $6,072,000 after purchasing an additional 39,747 shares during the period. Onyx Bridge Wealth Group LLC lifted its stake in Capital Group Dividend Value ETF by 179.6% in the second quarter. Onyx Bridge Wealth Group LLC now owns 351,837 shares of the company’s stock valued at $13,902,000 after purchasing an additional 226,012 shares during the last quarter. FNY Investment Advisers LLC bought a new position in Capital Group Dividend Value ETF during the second quarter valued at $35,000. Finally, D.A. Davidson & CO. increased its position in Capital Group Dividend Value ETF by 1.7% in the second quarter. D.A. Davidson & CO. now owns 3,296,914 shares of the company’s stock worth $130,195,000 after buying an additional 55,004 shares during the last quarter.

Capital Group Dividend Value ETF Price Performance

Shares of NYSEARCA CGDV opened at $42.65 on Friday. The stock has a market capitalization of $23.24 billion, a PE ratio of 26.59 and a beta of 0.91. Capital Group Dividend Value ETF has a one year low of $30.94 and a one year high of $42.74. The business’s fifty day moving average price is $41.79 and its 200-day moving average price is $39.17.

Capital Group Dividend Value ETF Increases Dividend

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