Capital Group Dividend Value ETF $CGDV is Mason Investment Advisory Services Inc.’s 9th Largest Position

Mason Investment Advisory Services Inc. boosted its holdings in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 17.0% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 443,987 shares of the company’s stock after acquiring an additional 64,610 shares during the quarter. Capital Group Dividend Value ETF comprises approximately 1.0% of Mason Investment Advisory Services Inc.’s portfolio, making the stock its 9th biggest holding. Mason Investment Advisory Services Inc.’s holdings in Capital Group Dividend Value ETF were worth $17,533,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in CGDV. LPL Financial LLC increased its position in shares of Capital Group Dividend Value ETF by 34.0% in the first quarter. LPL Financial LLC now owns 29,452,035 shares of the company’s stock valued at $1,049,670,000 after buying an additional 7,468,408 shares in the last quarter. Envestnet Asset Management Inc. increased its position in shares of Capital Group Dividend Value ETF by 36.6% in the first quarter. Envestnet Asset Management Inc. now owns 15,207,625 shares of the company’s stock valued at $542,000,000 after buying an additional 4,071,484 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its position in shares of Capital Group Dividend Value ETF by 19.1% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 13,831,238 shares of the company’s stock valued at $492,945,000 after buying an additional 2,220,112 shares in the last quarter. HighTower Advisors LLC increased its position in shares of Capital Group Dividend Value ETF by 378.6% in the first quarter. HighTower Advisors LLC now owns 2,493,381 shares of the company’s stock valued at $88,864,000 after buying an additional 1,972,404 shares in the last quarter. Finally, Cetera Investment Advisers increased its position in shares of Capital Group Dividend Value ETF by 19.8% in the first quarter. Cetera Investment Advisers now owns 10,119,747 shares of the company’s stock valued at $360,668,000 after buying an additional 1,672,691 shares in the last quarter.

Capital Group Dividend Value ETF Stock Up 0.2%

Shares of CGDV stock opened at $42.75 on Tuesday. Capital Group Dividend Value ETF has a fifty-two week low of $30.94 and a fifty-two week high of $43.40. The stock has a market cap of $24.08 billion, a P/E ratio of 26.59 and a beta of 0.89. The business has a fifty day simple moving average of $42.04 and a 200-day simple moving average of $39.75.

Capital Group Dividend Value ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, October 1st. Stockholders of record on Tuesday, September 30th were given a $0.1359 dividend. This is an increase from Capital Group Dividend Value ETF’s previous quarterly dividend of $0.13. This represents a $0.54 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date was Tuesday, September 30th.

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.