Clearview Wealth Management LLC acquired a new position in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV – Free Report) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm acquired 19,751 shares of the company’s stock, valued at approximately $981,000. Capital Group Dividend Value ETF accounts for 0.8% of Clearview Wealth Management LLC’s holdings, making the stock its 27th biggest holding.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Ballew Advisors Inc increased its holdings in shares of 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 worth $675,000 after acquiring an additional 203 shares in the last quarter. Symphony Financial Ltd. Co. grew its position in shares of Capital Group Dividend Value ETF by 3.8% in the 2nd quarter. Symphony Financial Ltd. Co. now owns 5,641 shares of the company’s stock valued at $278,000 after purchasing an additional 204 shares during the period. CoreCap Advisors LLC grew its position in shares of Capital Group Dividend Value ETF by 19.5% in the 2nd quarter. CoreCap Advisors LLC now owns 1,338 shares of the company’s stock valued at $66,000 after purchasing an additional 218 shares during the period. Berger Financial Group Inc grew its position in shares of Capital Group Dividend Value ETF by 3.1% in the 1st quarter. Berger Financial Group Inc now owns 7,519 shares of the company’s stock valued at $320,000 after purchasing an additional 224 shares during the period. Finally, Warner Financial Inc. increased its stake in Capital Group Dividend Value ETF by 1.1% during the 2nd quarter. Warner Financial Inc. now owns 23,487 shares of the company’s stock worth $1,157,000 after purchasing an additional 263 shares in the last quarter.
Capital Group Dividend Value ETF Stock Performance
NYSEARCA CGDV opened at $49.39 on Friday. The stock has a market cap of $39.03 billion, a price-to-earnings ratio of 26.59 and a beta of 0.88. Capital Group Dividend Value ETF has a 52-week low of $41.31 and a 52-week high of $51.63. The business has a 50 day simple moving average of $49.80 and a 200 day simple moving average of $48.39.
Capital Group Dividend Value ETF Increases Dividend
The company also recently declared a quarterly dividend, which was paid on Thursday, October 1st. Stockholders of record on Wednesday, September 30th were issued a $0.1522 dividend. This represents a $0.61 dividend on an annualized basis and a dividend yield of 1.2%. This is a positive change from Capital Group Dividend Value ETF’s previous quarterly dividend of $0.1471. The ex-dividend date was Wednesday, September 30th.
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.
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