Beacon Financial Group Raises Stock Position in Capital Group Dividend Value ETF $CGDV

Beacon Financial Group increased its holdings in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 9.2% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 8,250 shares of the company’s stock after purchasing an additional 692 shares during the period. Beacon Financial Group’s holdings in Capital Group Dividend Value ETF were worth $326,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently made changes to their positions in the company. Hughes Financial Services LLC purchased a new position in shares of Capital Group Dividend Value ETF during the first quarter worth $28,000. Capital Analysts LLC purchased a new position in shares of Capital Group Dividend Value ETF during the first quarter worth $30,000. Golden State Wealth Management LLC purchased a new position in shares of Capital Group Dividend Value ETF during the first quarter worth $32,000. Fifth Third Bancorp purchased a new position in shares of Capital Group Dividend Value ETF during the first quarter worth $37,000. Finally, ORG Partners LLC raised its holdings in shares of Capital Group Dividend Value ETF by 100.4% during the first quarter. ORG Partners LLC now owns 1,102 shares of the company’s stock worth $39,000 after purchasing an additional 552 shares during the last quarter.

Capital Group Dividend Value ETF Price Performance

Shares of Capital Group Dividend Value ETF stock opened at $41.96 on Wednesday. Capital Group Dividend Value ETF has a 1 year low of $30.94 and a 1 year high of $42.26. The firm has a fifty day moving average price of $41.05 and a 200 day moving average price of $38.00. The stock has a market cap of $20.59 billion, a PE ratio of 26.59 and a beta of 0.91.

Capital Group Dividend Value ETF Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, July 1st. Shareholders of record on Monday, June 30th were issued a $0.1295 dividend. The ex-dividend date of this dividend was Monday, June 30th. This represents a $0.52 dividend on an annualized basis and a yield of 1.2%.

Capital Group Dividend Value ETF Company 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.