20,887 Capital Group Dividend Value ETF $CGDV Shares Bought by Accel Wealth Management

Accel Wealth Management boosted its position in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 13.2% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 179,454 shares of the company’s stock after buying an additional 20,887 shares during the quarter. Capital Group Dividend Value ETF makes up about 1.9% of Accel Wealth Management’s holdings, making the stock its 10th biggest holding. Accel Wealth Management’s holdings in Capital Group Dividend Value ETF were worth $8,766,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in CGDV. TD Capital Management LLC bought a new stake in Capital Group Dividend Value ETF in the 4th quarter worth $34,000. Bayban bought a new position in shares of Capital Group Dividend Value ETF during the first quarter valued at about $36,000. Torren Management LLC bought a new position in shares of Capital Group Dividend Value ETF during the first quarter valued at about $58,000. Bellevue Asset Management LLC bought a new position in shares of Capital Group Dividend Value ETF during the first quarter valued at about $62,000. Finally, CoreCap Advisors LLC boosted its holdings in shares of Capital Group Dividend Value ETF by 19.5% during 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 period.

Capital Group Dividend Value ETF Stock Up 0.2%

Shares of Capital Group Dividend Value ETF stock traded up $0.10 during trading on Tuesday, reaching $49.68. 2,570,602 shares of the stock were exchanged, compared to its average volume of 4,142,450. The firm has a market cap of $39.19 billion, a price-to-earnings ratio of 26.59 and a beta of 0.88. Capital Group Dividend Value ETF has a 1 year low of $41.24 and a 1 year high of $51.63. The stock’s fifty day moving average is $49.90 and its 200 day moving average is $48.24.

Capital Group Dividend Value ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, October 1st. Shareholders of record on Wednesday, September 30th were given a dividend of $0.1522 per share. This represents a $0.61 dividend on an annualized basis and a yield of 1.2%. 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.

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.