Westside Investment Management Inc. Has $607,000 Holdings in Capital Group Dividend Value ETF $CGDV

Westside Investment Management Inc. increased its stake in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 56.7% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 15,380 shares of the company’s stock after purchasing an additional 5,565 shares during the period. Westside Investment Management Inc.’s holdings in Capital Group Dividend Value ETF were worth $607,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the stock. Golden State Wealth Management LLC bought a new position in shares of Capital Group Dividend Value ETF during the first quarter worth approximately $32,000. Bank of New York Mellon Corp bought a new position in shares of Capital Group Dividend Value ETF during the first quarter worth approximately $42,545,000. Per Stirling Capital Management LLC. increased its stake in shares of Capital Group Dividend Value ETF by 1.1% during the first quarter. Per Stirling Capital Management LLC. now owns 57,742 shares of the company’s stock worth $2,058,000 after purchasing an additional 644 shares during the period. Brown Advisory Inc. increased its stake in shares of Capital Group Dividend Value ETF by 153.4% during the first quarter. Brown Advisory Inc. now owns 18,152 shares of the company’s stock worth $647,000 after purchasing an additional 10,989 shares during the period. Finally, Tempus Wealth Planning LLC increased its stake in Capital Group Dividend Value ETF by 12.5% during the 2nd quarter. Tempus Wealth Planning LLC now owns 253,873 shares of the company’s stock worth $10,025,000 after acquiring an additional 28,186 shares during the period.

Capital Group Dividend Value ETF Price Performance

Capital Group Dividend Value ETF stock opened at $42.75 on Tuesday. The stock’s fifty day moving average price is $42.04 and its two-hundred day moving average price is $39.75. Capital Group Dividend Value ETF has a one year low of $30.94 and a one year high of $43.40. The firm has a market cap of $24.08 billion, a PE ratio of 26.59 and a beta of 0.89.

Capital Group Dividend Value ETF Increases Dividend

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

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.