Accel Wealth Management Increases Holdings in Capital Group Dividend Value ETF (NYSEARCA:CGDV)

Accel Wealth Management increased its stake in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 27.0% in the 1st quarter, HoldingsChannel reports. The fund owned 52,612 shares of the company’s stock after acquiring an additional 11,195 shares during the period. Accel Wealth Management’s holdings in Capital Group Dividend Value ETF were worth $1,875,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. JPMorgan Chase & Co. raised its holdings in Capital Group Dividend Value ETF by 2.2% during the 4th quarter. JPMorgan Chase & Co. now owns 218,412 shares of the company’s stock valued at $7,701,000 after buying an additional 4,737 shares during the period. Stephens Inc. AR purchased a new stake in shares of Capital Group Dividend Value ETF in the fourth quarter valued at $247,000. PNC Financial Services Group Inc. bought a new stake in shares of Capital Group Dividend Value ETF in the 4th quarter worth about $55,000. Trilogy Capital Inc. boosted its stake in shares of Capital Group Dividend Value ETF by 5.0% during the 4th quarter. Trilogy Capital Inc. now owns 22,718 shares of the company’s stock worth $801,000 after purchasing an additional 1,083 shares during the period. Finally, Titleist Asset Management LLC grew its holdings in Capital Group Dividend Value ETF by 14.3% during the 4th quarter. Titleist Asset Management LLC now owns 15,776 shares of the company’s stock valued at $556,000 after purchasing an additional 1,977 shares during the last quarter.

Capital Group Dividend Value ETF Price Performance

Capital Group Dividend Value ETF stock opened at $37.71 on Wednesday. The firm has a market capitalization of $16.46 billion, a P/E ratio of 25.72 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 $37.73. The company’s 50-day moving average is $35.22 and its 200 day moving average is $35.92.

Capital Group Dividend Value ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Tuesday, April 1st. Stockholders of record on Monday, March 31st were paid a dividend of $0.1067 per share. The ex-dividend date of this dividend was Monday, March 31st.

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.