Code Waechter LLC Grows Stock Holdings in Capital Group Dividend Value ETF $CGDV

Code Waechter LLC grew its stake in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 91.5% during the 2nd quarter, HoldingsChannel reports. The firm owned 319,425 shares of the company’s stock after acquiring an additional 152,651 shares during the quarter. Capital Group Dividend Value ETF makes up approximately 9.0% of Code Waechter LLC’s holdings, making the stock its 2nd biggest holding. Code Waechter LLC’s holdings in Capital Group Dividend Value ETF were worth $12,614,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Trust Co. of Vermont bought a new stake in shares of Capital Group Dividend Value ETF in the 2nd quarter valued at approximately $29,000. Washington Trust Advisors Inc. bought a new stake in shares of Capital Group Dividend Value ETF in the 2nd quarter valued at approximately $29,000. Hughes Financial Services LLC bought a new stake in shares of Capital Group Dividend Value ETF in the 1st quarter valued at approximately $28,000. Capital Analysts LLC bought a new stake in shares of Capital Group Dividend Value ETF in the 1st quarter valued at approximately $30,000. Finally, Golden State Wealth Management LLC bought a new stake in shares of Capital Group Dividend Value ETF in the 1st quarter valued at approximately $32,000.

Capital Group Dividend Value ETF Price Performance

NYSEARCA CGDV opened at $42.75 on Tuesday. The firm has a market cap of $24.08 billion, a PE ratio of 26.59 and a beta of 0.89. Capital Group Dividend Value ETF has a one year low of $30.94 and a one year high of $43.40. The stock’s 50 day simple moving average is $42.04 and its 200 day simple moving average is $39.75.

Capital Group Dividend Value ETF Increases Dividend

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

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.