WealthCare Investment Partners LLC Raises Stock Holdings in Capital Group Dividend Value ETF $CGDV

WealthCare Investment Partners LLC grew its stake in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 62.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 169,685 shares of the company’s stock after acquiring an additional 64,921 shares during the period. Capital Group Dividend Value ETF accounts for about 2.2% of WealthCare Investment Partners LLC’s investment portfolio, making the stock its 9th biggest position. WealthCare Investment Partners LLC’s holdings in Capital Group Dividend Value ETF were worth $7,461,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently modified their holdings of CGDV. Triumph Capital Management bought a new position in Capital Group Dividend Value ETF in the 3rd quarter worth approximately $32,000. Banco de Sabadell S.A acquired a new stake in shares of Capital Group Dividend Value ETF in the 2nd quarter valued at $47,000. MassMutual Private Wealth & Trust FSB increased its stake in shares of Capital Group Dividend Value ETF by 38,200.0% in the 3rd quarter. MassMutual Private Wealth & Trust FSB now owns 1,149 shares of the company’s stock valued at $48,000 after buying an additional 1,146 shares during the period. Huntington National Bank bought a new stake in shares of Capital Group Dividend Value ETF during the third quarter worth $49,000. Finally, CENTRAL TRUST Co acquired a new position in shares of Capital Group Dividend Value ETF during the third quarter valued at $52,000.

Capital Group Dividend Value ETF Stock Down 1.5%

Capital Group Dividend Value ETF stock opened at $42.50 on Friday. The business’s 50-day simple moving average is $44.75 and its 200 day simple moving average is $43.47. The stock has a market cap of $27.14 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 firm also recently announced 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 dividend on an annualized basis and a yield of 1.8%. The ex-dividend date was Friday, December 26th. This is a boost from Capital Group Dividend Value ETF’s previous quarterly dividend of $0.14.

Capital Group Dividend Value ETF 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. CGDV was launched on Feb 22, 2022 and is managed by Capital Group.