Genesis Private Wealth LLC Has $1.04 Million Holdings in Capital Group Dividend Value ETF $CGDV

Genesis Private Wealth LLC grew its holdings in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 130.9% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 24,798 shares of the company’s stock after acquiring an additional 14,058 shares during the period. Genesis Private Wealth LLC’s holdings in Capital Group Dividend Value ETF were worth $1,042,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in CGDV. Per Stirling Capital Management LLC. lifted its stake in shares of Capital Group Dividend Value ETF by 1.1% during the 1st quarter. Per Stirling Capital Management LLC. now owns 57,742 shares of the company’s stock worth $2,058,000 after buying an additional 644 shares during the last quarter. Clear Point Advisors Inc. raised its holdings in Capital Group Dividend Value ETF by 22.8% in the 2nd quarter. Clear Point Advisors Inc. now owns 53,608 shares of the company’s stock valued at $2,117,000 after acquiring an additional 9,965 shares during the period. Tempus Wealth Planning LLC lifted its position in Capital Group Dividend Value ETF by 12.5% during the second quarter. Tempus Wealth Planning LLC now owns 253,873 shares of the company’s stock worth $10,025,000 after acquiring an additional 28,186 shares during the last quarter. Creative Planning boosted its holdings in shares of Capital Group Dividend Value ETF by 12.5% during the second quarter. Creative Planning now owns 33,817 shares of the company’s stock worth $1,335,000 after acquiring an additional 3,747 shares during the period. Finally, Johnson Bixby & Associates LLC grew its position in shares of Capital Group Dividend Value ETF by 2.4% in the second quarter. Johnson Bixby & Associates LLC now owns 1,968,586 shares of the company’s stock valued at $77,739,000 after purchasing an additional 46,774 shares during the last quarter.

Capital Group Dividend Value ETF Trading Up 0.8%

Shares of NYSEARCA CGDV opened at $43.26 on Friday. The firm has a market cap of $24.41 billion, a P/E ratio of 26.59 and a beta of 0.89. The business’s 50 day moving average is $42.87 and its 200-day moving average is $41.39. Capital Group Dividend Value ETF has a 1-year low of $30.94 and a 1-year high of $43.93.

Capital Group Dividend Value ETF Increases Dividend

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

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.