Calton & Associates Inc. Boosts Stock Position in Capital Group Dividend Value ETF $CGDV

Calton & Associates Inc. increased its holdings in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 52.4% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 48,070 shares of the company’s stock after purchasing an additional 16,529 shares during the quarter. Calton & Associates Inc.’s holdings in Capital Group Dividend Value ETF were worth $2,020,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Lincoln Capital LLC grew its position in shares of Capital Group Dividend Value ETF by 1.4% in the 3rd quarter. Lincoln Capital LLC now owns 16,640 shares of the company’s stock worth $705,000 after buying an additional 235 shares during the last quarter. GPS Wealth Strategies Group LLC lifted its stake in Capital Group Dividend Value ETF by 2.0% in the third quarter. GPS Wealth Strategies Group LLC now owns 13,083 shares of the company’s stock worth $550,000 after acquiring an additional 252 shares during the period. Ameriprise Financial Inc. boosted its holdings in Capital Group Dividend Value ETF by 1.7% in the second quarter. Ameriprise Financial Inc. now owns 16,080 shares of the company’s stock valued at $635,000 after acquiring an additional 263 shares in the last quarter. Fiduciary Alliance LLC increased its position in Capital Group Dividend Value ETF by 0.9% during the 3rd quarter. Fiduciary Alliance LLC now owns 31,880 shares of the company’s stock valued at $1,340,000 after purchasing an additional 276 shares during the period. Finally, Blue Trust Inc. increased its position in Capital Group Dividend Value ETF by 26.8% during the 2nd quarter. Blue Trust Inc. now owns 1,522 shares of the company’s stock valued at $60,000 after purchasing an additional 322 shares during the period.

Capital Group Dividend Value ETF Trading Up 0.1%

NYSEARCA:CGDV opened at $45.33 on Friday. The company has a 50-day moving average price of $44.30 and a 200-day moving average price of $42.83. The stock has a market cap of $28.95 billion, a price-to-earnings ratio of 26.59 and a beta of 0.89. Capital Group Dividend Value ETF has a 12 month low of $30.94 and a 12 month high of $46.01.

Capital Group Dividend Value ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, December 29th. Shareholders of record on Friday, December 26th were given a dividend of $0.1928 per share. This represents a $0.77 annualized dividend and a yield of 1.7%. The ex-dividend date of this dividend was Friday, December 26th. This is a positive change from Capital Group Dividend Value ETF’s previous quarterly dividend of $0.14.

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.