Clearview Wealth Management LLC Makes New Investment in Capital Group Dividend Value ETF $CGDV

Clearview Wealth Management LLC purchased a new stake in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 19,751 shares of the company’s stock, valued at approximately $981,000. Capital Group Dividend Value ETF makes up about 0.8% of Clearview Wealth Management LLC’s investment portfolio, making the stock its 27th biggest position.

Other hedge funds have also recently bought and sold shares of the company. Richards Merrill & Peterson Inc. boosted its holdings in Capital Group Dividend Value ETF by 72.6% during the first quarter. Richards Merrill & Peterson Inc. now owns 59,315 shares of the company’s stock valued at $2,523,000 after purchasing an additional 24,945 shares in the last quarter. Ameritas Advisory Services LLC grew its stake in shares of Capital Group Dividend Value ETF by 179.5% in the 2nd quarter. Ameritas Advisory Services LLC now owns 1,092,250 shares of the company’s stock valued at $53,826,000 after purchasing an additional 701,514 shares during the period. Capital Analysts LLC grew its stake in shares of Capital Group Dividend Value ETF by 27.8% in the 2nd quarter. Capital Analysts LLC now owns 164,262 shares of the company’s stock valued at $8,095,000 after purchasing an additional 35,765 shares during the period. OakTrust Wealth Advisors LLC acquired a new position in shares of Capital Group Dividend Value ETF in the 4th quarter worth approximately $961,000. Finally, Guardian Wealth Advisors LLC NC raised its holdings in shares of Capital Group Dividend Value ETF by 2.1% in the 2nd quarter. Guardian Wealth Advisors LLC NC now owns 1,281,501 shares of the company’s stock worth $63,200,000 after buying an additional 26,012 shares in the last quarter.

Capital Group Dividend Value ETF Price Performance

Capital Group Dividend Value ETF stock opened at $49.39 on Friday. The company has a market capitalization of $39.03 billion, a PE ratio of 26.59 and a beta of 0.88. Capital Group Dividend Value ETF has a one year low of $41.31 and a one year high of $51.63. The business has a 50 day simple moving average of $49.80 and a 200 day simple moving average of $48.39.

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 paid a $0.1522 dividend. The ex-dividend date was Wednesday, September 30th. This represents a $0.61 annualized dividend and a dividend yield of 1.2%. This is a boost 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.