Warner Financial Inc. Has $430,000 Stock Holdings in Capital Group Dividend Value ETF $CGDV

Warner Financial Inc. raised its stake in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 6.4% during the 2nd quarter, HoldingsChannel reports. The firm owned 10,900 shares of the company’s stock after purchasing an additional 658 shares during the quarter. Warner Financial Inc.’s holdings in Capital Group Dividend Value ETF were worth $430,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. LPL Financial LLC boosted its position in shares of Capital Group Dividend Value ETF by 34.0% in the first quarter. LPL Financial LLC now owns 29,452,035 shares of the company’s stock valued at $1,049,670,000 after acquiring an additional 7,468,408 shares during the period. Raymond James Financial Inc. boosted its position in shares of Capital Group Dividend Value ETF by 1.8% in the first quarter. Raymond James Financial Inc. now owns 17,353,649 shares of the company’s stock valued at $618,484,000 after acquiring an additional 301,908 shares during the period. Envestnet Asset Management Inc. boosted its position in shares of Capital Group Dividend Value ETF by 36.6% in the first quarter. Envestnet Asset Management Inc. now owns 15,207,625 shares of the company’s stock valued at $542,000,000 after acquiring an additional 4,071,484 shares during the period. Northwestern Mutual Wealth Management Co. boosted its position in shares of Capital Group Dividend Value ETF by 19.1% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 13,831,238 shares of the company’s stock valued at $492,945,000 after acquiring an additional 2,220,112 shares during the period. Finally, Cetera Investment Advisers boosted its position in shares of Capital Group Dividend Value ETF by 19.8% in the first quarter. Cetera Investment Advisers now owns 10,119,747 shares of the company’s stock valued at $360,668,000 after acquiring an additional 1,672,691 shares during the period.

Capital Group Dividend Value ETF Trading Up 0.2%

CGDV opened at $42.37 on Friday. Capital Group Dividend Value ETF has a 1-year low of $30.94 and a 1-year high of $42.50. The stock has a market capitalization of $20.79 billion, a price-to-earnings ratio of 26.59 and a beta of 0.91. The business has a 50 day moving average of $41.38 and a 200-day moving average of $38.48.

Capital Group Dividend Value ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, October 1st. Stockholders of record on Tuesday, September 30th were given a $0.1359 dividend. This is a positive change from Capital Group Dividend Value ETF’s previous quarterly dividend of $0.13. This represents a $0.54 annualized dividend and a dividend yield of 1.3%. The ex-dividend date of this dividend was Tuesday, September 30th.

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.