Capital Group Dividend Value ETF $CGDV Stock: Wealth Science Advisors LLC Boosts Holdings

Wealth Science Advisors LLC boosted its holdings in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 5.9% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 724,841 shares of the company’s stock after acquiring an additional 40,128 shares during the quarter. Capital Group Dividend Value ETF accounts for about 15.5% of Wealth Science Advisors LLC’s portfolio, making the stock its 2nd largest position. Wealth Science Advisors LLC’s holdings in Capital Group Dividend Value ETF were worth $35,408,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. TD Capital Management LLC bought a new position in shares of Capital Group Dividend Value ETF during the fourth quarter valued at $34,000. Bayban bought a new stake in shares of Capital Group Dividend Value ETF in the first quarter worth $36,000. CoreCap Advisors LLC grew its stake in shares of Capital Group Dividend Value ETF by 19.5% in the second quarter. CoreCap Advisors LLC now owns 1,338 shares of the company’s stock worth $66,000 after purchasing an additional 218 shares during the last quarter. Torren Management LLC acquired a new stake in Capital Group Dividend Value ETF in the first quarter valued at $58,000. Finally, Bellevue Asset Management LLC acquired a new stake in Capital Group Dividend Value ETF in the first quarter valued at $62,000.

Capital Group Dividend Value ETF Stock Up 0.6%

Shares of NYSEARCA:CGDV opened at $49.55 on Friday. The firm has a market cap of $39.00 billion, a P/E ratio of 26.59 and a beta of 0.88. Capital Group Dividend Value ETF has a 12-month low of $41.24 and a 12-month high of $51.63. The business has a fifty day simple moving average of $49.92 and a 200 day simple moving average of $48.16.

Capital Group Dividend Value ETF Increases Dividend

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