Capital Group Dividend Value ETF $CGDV Shares Bought by Waverly Advisors LLC

Waverly Advisors LLC lifted its stake in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 209.7% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 143,161 shares of the company’s stock after purchasing an additional 96,931 shares during the quarter. Waverly Advisors LLC’s holdings in Capital Group Dividend Value ETF were worth $7,055,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of CGDV. Corient Private Wealth LP grew its position in Capital Group Dividend Value ETF by 2.0% in the 2nd quarter. Corient Private Wealth LP now owns 27,981 shares of the company’s stock valued at $1,379,000 after buying an additional 549 shares in the last quarter. Ameritas Advisory Services LLC raised its position in shares of 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 worth $53,826,000 after buying an additional 701,514 shares in the last quarter. Guardian Wealth Advisors LLC NC lifted its stake 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 worth $63,200,000 after acquiring an additional 26,012 shares during the period. PCG Wealth Advisors LLC lifted its stake in shares of Capital Group Dividend Value ETF by 5.3% in the 2nd quarter. PCG Wealth Advisors LLC now owns 681,934 shares of the company’s stock worth $33,606,000 after acquiring an additional 34,563 shares during the period. Finally, Endeavor Private Wealth Inc. boosted its holdings in shares of Capital Group Dividend Value ETF by 1.5% in the second quarter. Endeavor Private Wealth Inc. now owns 102,034 shares of the company’s stock valued at $5,043,000 after acquiring an additional 1,546 shares in the last quarter.

Capital Group Dividend Value ETF Price Performance

NYSEARCA CGDV opened at $49.54 on Thursday. Capital Group Dividend Value ETF has a 12 month low of $41.24 and a 12 month high of $51.63. The firm has a market capitalization of $37.57 billion, a PE ratio of 26.59 and a beta of 0.88. The company’s 50 day simple moving average is $49.82 and its 200 day simple moving average is $47.46.

Capital Group Dividend Value ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, July 1st. Shareholders of record on Tuesday, June 30th were given a $0.1471 dividend. This represents a $0.59 dividend on an annualized basis and a yield of 1.2%. This is a positive change from Capital Group Dividend Value ETF’s previous quarterly dividend of $0.11. The ex-dividend date was Tuesday, June 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.