Regimen Wealth LLC Purchases Shares of 427,919 Capital Group Dividend Value ETF $CGDV

Regimen Wealth LLC bought a new stake in Capital Group Dividend Value ETF (NYSEARCA:CGDVFree Report) in the 2nd quarter, Holdings Channel.com reports. The firm bought 427,919 shares of the company’s stock, valued at approximately $16,899,000. Capital Group Dividend Value ETF accounts for about 5.2% of Regimen Wealth LLC’s portfolio, making the stock its 8th largest position.

A number of other institutional investors have also recently bought and sold shares of CGDV. Hughes Financial Services LLC bought a new position in Capital Group Dividend Value ETF during the first quarter worth $28,000. Trust Co. of Vermont acquired a new stake in shares of Capital Group Dividend Value ETF during the 2nd quarter worth about $29,000. Washington Trust Advisors Inc. bought a new stake in shares of Capital Group Dividend Value ETF during the 2nd quarter worth about $29,000. Capital Analysts LLC acquired a new position in Capital Group Dividend Value ETF in the 1st quarter valued at about $30,000. Finally, FNY Investment Advisers LLC acquired a new position in Capital Group Dividend Value ETF in the 2nd quarter valued at about $35,000.

Capital Group Dividend Value ETF Trading Up 0.3%

NYSEARCA:CGDV opened at $42.58 on Thursday. The stock has a 50 day simple moving average of $42.08 and a 200 day simple moving average of $39.83. The stock has a market cap of $24.03 billion, a P/E ratio of 26.59 and a beta of 0.89. Capital Group Dividend Value ETF has a 1-year low of $30.94 and a 1-year high of $43.40.

Capital Group Dividend Value ETF Increases Dividend

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

About Capital Group Dividend Value ETF

(Free Report)

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.

See Also

Want to see what other hedge funds are holding CGDV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Capital Group Dividend Value ETF (NYSEARCA:CGDVFree Report).

Institutional Ownership by Quarter for Capital Group Dividend Value ETF (NYSEARCA:CGDV)

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