Walkner Condon Financial Advisors LLC Has $489,000 Position in Capital Group Dividend Value ETF $CGDV

Walkner Condon Financial Advisors LLC raised its holdings in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 49.3% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 12,390 shares of the company’s stock after buying an additional 4,090 shares during the quarter. Walkner Condon Financial Advisors LLC’s holdings in Capital Group Dividend Value ETF were worth $489,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Bank of New York Mellon Corp bought a new stake in Capital Group Dividend Value ETF in the first quarter valued at about $42,545,000. Brown Advisory Inc. lifted its stake in 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. Stratos Wealth Partners LTD. boosted its holdings in Capital Group Dividend Value ETF by 26.5% during the first quarter. Stratos Wealth Partners LTD. now owns 65,873 shares of the company’s stock valued at $2,348,000 after purchasing an additional 13,811 shares in the last quarter. Allworth Financial LP boosted its holdings in Capital Group Dividend Value ETF by 1.8% during the first quarter. Allworth Financial LP now owns 147,108 shares of the company’s stock valued at $5,086,000 after purchasing an additional 2,582 shares in the last quarter. Finally, Cerity Partners LLC grew its stake in shares of Capital Group Dividend Value ETF by 1.7% in the 1st quarter. Cerity Partners LLC now owns 65,205 shares of the company’s stock valued at $2,324,000 after purchasing an additional 1,111 shares during the period.

Capital Group Dividend Value ETF Trading Up 0.6%

Shares of CGDV opened at $42.58 on Friday. The stock has a market cap of $24.03 billion, a PE ratio of 26.59 and a beta of 0.89. Capital Group Dividend Value ETF has a 1 year low of $30.94 and a 1 year high of $43.40. The stock has a 50 day simple moving average of $42.12 and a 200-day simple moving average of $39.92.

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 issued a dividend of $0.1359 per share. The ex-dividend date of this dividend was Tuesday, September 30th. This is a boost from Capital Group Dividend Value ETF’s previous quarterly dividend of $0.13. This represents a $0.54 dividend on an annualized basis and a dividend yield of 1.3%.

Capital Group Dividend Value ETF Company 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.