Capital Group Dividend Value ETF $CGDV Shares Acquired by Clear Creek Financial Management LLC

Clear Creek Financial Management LLC increased its stake in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 2.8% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 103,312 shares of the company’s stock after purchasing an additional 2,816 shares during the period. Clear Creek Financial Management LLC’s holdings in Capital Group Dividend Value ETF were worth $4,080,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Hughes Financial Services LLC bought a new stake in Capital Group Dividend Value ETF in the first quarter valued at $28,000. Trust Co. of Vermont acquired a new stake in shares of Capital Group Dividend Value ETF in the 2nd quarter worth about $29,000. Capital Analysts LLC bought a new stake in Capital Group Dividend Value ETF in the 1st quarter valued at about $30,000. Golden State Wealth Management LLC acquired a new position in Capital Group Dividend Value ETF during the 1st quarter valued at about $32,000. Finally, Fifth Third Bancorp acquired a new position in Capital Group Dividend Value ETF during the 1st quarter valued at about $37,000.

Capital Group Dividend Value ETF Trading Up 0.6%

Shares of NYSEARCA:CGDV opened at $42.59 on Thursday. The firm’s 50 day moving average is $41.49 and its two-hundred day moving average is $38.65. The firm has a market capitalization of $22.90 billion, a P/E ratio of 26.59 and a beta of 0.91. Capital Group Dividend Value ETF has a 52 week low of $30.94 and a 52 week high of $42.60.

Capital Group Dividend Value ETF Increases Dividend

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

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.