Capital Group Dividend Value ETF $CGDV Stock Position Boosted by Signal Advisors Wealth LLC

Signal Advisors Wealth LLC boosted its holdings in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 103.3% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 20,183 shares of the company’s stock after acquiring an additional 10,254 shares during the quarter. Signal Advisors Wealth LLC’s holdings in Capital Group Dividend Value ETF were worth $986,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of CGDV. Richards Merrill & Peterson Inc. grew its holdings in Capital Group Dividend Value ETF by 72.6% during the 1st quarter. Richards Merrill & Peterson Inc. now owns 59,315 shares of the company’s stock worth $2,523,000 after acquiring an additional 24,945 shares in the last quarter. Ameritas Advisory Services LLC increased its position in Capital Group Dividend Value ETF by 179.5% during the 2nd quarter. Ameritas Advisory Services LLC now owns 1,092,250 shares of the company’s stock valued at $53,826,000 after purchasing an additional 701,514 shares during the period. Capital Analysts LLC raised its holdings in shares of Capital Group Dividend Value ETF by 27.8% in the 2nd quarter. Capital Analysts LLC now owns 164,262 shares of the company’s stock valued at $8,095,000 after purchasing an additional 35,765 shares in the last quarter. OakTrust Wealth Advisors LLC bought a new stake in shares of Capital Group Dividend Value ETF in the 4th quarter valued at about $961,000. Finally, Guardian Wealth Advisors LLC NC raised its holdings in shares of Capital Group Dividend Value ETF by 2.1% in the 2nd quarter. Guardian Wealth Advisors LLC NC now owns 1,281,501 shares of the company’s stock valued at $63,200,000 after purchasing an additional 26,012 shares in the last quarter.

Capital Group Dividend Value ETF Stock Performance

Shares of CGDV opened at $49.39 on Friday. The company has a 50 day moving average price of $49.80 and a 200-day moving average price of $48.39. Capital Group Dividend Value ETF has a fifty-two week low of $41.31 and a fifty-two week high of $51.63. The stock has a market capitalization of $39.03 billion, a PE ratio of 26.59 and a beta of 0.88.

Capital Group Dividend Value ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, October 1st. Investors of record on Wednesday, September 30th were issued a dividend of $0.1522 per share. The ex-dividend date of this dividend was Wednesday, September 30th. This is a positive change from Capital Group Dividend Value ETF’s previous quarterly dividend of $0.1471. This represents a $0.61 annualized dividend and a yield of 1.2%.

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.