Accel Wealth Management Acquires 11,021 Shares of Capital Group Dividend Value ETF $CGDV

Accel Wealth Management raised its holdings in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 20.9% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 63,633 shares of the company’s stock after buying an additional 11,021 shares during the quarter. Capital Group Dividend Value ETF comprises 0.8% of Accel Wealth Management’s investment portfolio, making the stock its 29th largest position. Accel Wealth Management’s holdings in Capital Group Dividend Value ETF were worth $2,513,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Trust Co. of Vermont bought a new stake in shares of Capital Group Dividend Value ETF in the 2nd quarter worth approximately $29,000. Hughes Financial Services LLC bought a new stake in shares of Capital Group Dividend Value ETF in the 1st quarter worth approximately $28,000. Capital Analysts LLC bought a new stake in shares of Capital Group Dividend Value ETF in the 1st quarter worth approximately $30,000. Golden State Wealth Management LLC bought a new stake in shares of Capital Group Dividend Value ETF in the 1st quarter worth approximately $32,000. Finally, Fifth Third Bancorp bought a new stake in shares of Capital Group Dividend Value ETF in the 1st quarter worth approximately $37,000.

Capital Group Dividend Value ETF Stock Performance

Shares of CGDV stock opened at $42.34 on Friday. The firm has a market cap of $22.54 billion, a P/E ratio of 26.59 and a beta of 0.91. Capital Group Dividend Value ETF has a fifty-two week low of $30.94 and a fifty-two week high of $42.53. The business’s 50 day moving average price is $41.40 and its 200-day moving average price is $38.54.

Capital Group Dividend Value ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, October 1st. Investors of record on Tuesday, September 30th were given 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 was Tuesday, September 30th.

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.