18,912 Capital Group Dividend Value ETF $CGDV Shares Purchased by National Wealth Management Group LLC

National Wealth Management Group LLC grew its position in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 45.7% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 60,310 shares of the company’s stock after acquiring an additional 18,912 shares during the quarter. National Wealth Management Group LLC’s holdings in Capital Group Dividend Value ETF were worth $2,946,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. FSA Wealth Partners Inc. lifted its stake in shares of Capital Group Dividend Value ETF by 4.9% in the 3rd quarter. FSA Wealth Partners Inc. now owns 334,888 shares of the company’s stock valued at $16,359,000 after purchasing an additional 15,711 shares in the last quarter. Flagship Harbor Advisors LLC increased its position in Capital Group Dividend Value ETF by 9.7% during the 3rd quarter. Flagship Harbor Advisors LLC now owns 306,208 shares of the company’s stock worth $14,958,000 after purchasing an additional 27,087 shares in the last quarter. Sage Investment Counsel LLC acquired a new stake in Capital Group Dividend Value ETF during the 3rd quarter worth approximately $245,000. Equity Wealth Partners LLC increased its position in Capital Group Dividend Value ETF by 77.5% during the 3rd quarter. Equity Wealth Partners LLC now owns 36,416 shares of the company’s stock worth $1,779,000 after purchasing an additional 15,899 shares in the last quarter. Finally, Apollon Wealth Management LLC raised its holdings in Capital Group Dividend Value ETF by 8.4% in the third quarter. Apollon Wealth Management LLC now owns 510,934 shares of the company’s stock valued at $24,959,000 after buying an additional 39,801 shares during the period.

Capital Group Dividend Value ETF Stock Performance

NYSEARCA CGDV opened at $48.83 on Tuesday. The firm has a market capitalization of $39.51 billion, a price-to-earnings ratio of 26.59 and a beta of 0.88. Capital Group Dividend Value ETF has a one year low of $41.31 and a one year high of $51.63. The company’s 50 day moving average price is $49.50 and its 200 day moving average price is $47.34.

Capital Group Dividend Value ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, October 1st. Stockholders of record on Wednesday, September 30th were given a $0.1522 dividend. The ex-dividend date of this dividend was Wednesday, September 30th. This is an increase from Capital Group Dividend Value ETF’s previous quarterly dividend of $0.1471. This represents a $0.61 annualized dividend and a dividend yield of 1.2%.

About Capital Group Dividend Value ETF

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.