15,711 Capital Group Dividend Value ETF $CGDV Shares Purchased by FSA Wealth Partners Inc.

FSA Wealth Partners Inc. lifted its stake in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 4.9% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 334,888 shares of the company’s stock after buying an additional 15,711 shares during the period. Capital Group Dividend Value ETF makes up 4.4% of FSA Wealth Partners Inc.’s investment portfolio, making the stock its 7th largest holding. FSA Wealth Partners Inc.’s holdings in Capital Group Dividend Value ETF were worth $16,359,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently bought and sold shares of CGDV. Ballew Advisors Inc boosted its stake in Capital Group Dividend Value ETF by 1.5% in the third quarter. Ballew Advisors Inc now owns 13,713 shares of the company’s stock valued at $675,000 after acquiring an additional 203 shares in the last quarter. Symphony Financial Ltd. Co. grew its holdings in shares of Capital Group Dividend Value ETF by 3.8% during the second quarter. Symphony Financial Ltd. Co. now owns 5,641 shares of the company’s stock worth $278,000 after purchasing an additional 204 shares during the last quarter. Cypress Capital LLC increased its position in shares of Capital Group Dividend Value ETF by 2.6% during the third quarter. Cypress Capital LLC now owns 8,627 shares of the company’s stock worth $421,000 after purchasing an additional 217 shares in the last quarter. CoreCap Advisors LLC increased its position in shares of Capital Group Dividend Value ETF by 19.5% during the second quarter. CoreCap Advisors LLC now owns 1,338 shares of the company’s stock worth $66,000 after purchasing an additional 218 shares in the last quarter. Finally, Berger Financial Group Inc increased its position in shares of Capital Group Dividend Value ETF by 3.1% during the first quarter. Berger Financial Group Inc now owns 7,519 shares of the company’s stock worth $320,000 after purchasing an additional 224 shares in the last quarter.

Capital Group Dividend Value ETF Stock Performance

Capital Group Dividend Value ETF stock opened at $48.83 on Tuesday. Capital Group Dividend Value ETF has a fifty-two week low of $41.31 and a fifty-two week high of $51.63. The company has a market capitalization of $39.51 billion, a P/E ratio of 26.59 and a beta of 0.88. The stock has a 50-day simple moving average of $49.50 and a 200-day simple moving average of $47.34.

Capital Group Dividend Value ETF Increases Dividend

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

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.