New England Private Wealth Advisors LLC Has $15.63 Million Stake in Capital Group Dividend Value ETF $CGDV

New England Private Wealth Advisors LLC lifted its holdings in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 6.9% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 382,873 shares of the company’s stock after purchasing an additional 24,559 shares during the period. Capital Group Dividend Value ETF comprises approximately 2.3% of New England Private Wealth Advisors LLC’s investment portfolio, making the stock its 10th largest holding. New England Private Wealth Advisors LLC’s holdings in Capital Group Dividend Value ETF were worth $15,629,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. PFG Advisors increased its holdings in Capital Group Dividend Value ETF by 128.1% during the second quarter. PFG Advisors now owns 307,246 shares of the company’s stock worth $12,133,000 after buying an additional 172,542 shares during the last quarter. Sound View Wealth Advisors Group LLC purchased a new position in Capital Group Dividend Value ETF in the second quarter valued at about $205,000. Prospera Financial Services Inc grew its position in shares of Capital Group Dividend Value ETF by 5.3% during the 2nd quarter. Prospera Financial Services Inc now owns 1,047,176 shares of the company’s stock valued at $41,354,000 after acquiring an additional 53,082 shares during the period. Summit Investment Advisors Inc. grew its position in shares of Capital Group Dividend Value ETF by 28.5% during the 1st quarter. Summit Investment Advisors Inc. now owns 61,787 shares of the company’s stock valued at $2,202,000 after acquiring an additional 13,690 shares during the period. Finally, AE Wealth Management LLC increased its stake in shares of Capital Group Dividend Value ETF by 4.2% during the 2nd quarter. AE Wealth Management LLC now owns 14,358 shares of the company’s stock worth $567,000 after purchasing an additional 585 shares during the last quarter.

Capital Group Dividend Value ETF Price Performance

NYSEARCA:CGDV opened at $43.22 on Tuesday. The business has a fifty day simple moving average of $42.15 and a two-hundred day simple moving average of $40.07. Capital Group Dividend Value ETF has a 1 year low of $30.94 and a 1 year high of $43.40. The company has a market capitalization of $24.39 billion, a P/E ratio of 26.59 and a beta of 0.89.

Capital Group Dividend Value ETF Increases Dividend

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