Silvia Mccoll Wealth Management LLC Takes Position in Capital Group Dividend Value ETF $CGDV

Silvia Mccoll Wealth Management LLC bought a new stake in Capital Group Dividend Value ETF (NYSEARCA:CGDV) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 380,357 shares of the company’s stock, valued at approximately $15,020,000. Capital Group Dividend Value ETF comprises 10.9% of Silvia Mccoll Wealth Management LLC’s investment portfolio, making the stock its largest position. Silvia Mccoll Wealth Management LLC owned 0.08% of Capital Group Dividend Value ETF at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in CGDV. Thurston Springer Miller Herd & Titak Inc. lifted its holdings in shares of Capital Group Dividend Value ETF by 56.1% in the 1st quarter. Thurston Springer Miller Herd & Titak Inc. now owns 9,034 shares of the company’s stock valued at $322,000 after purchasing an additional 3,246 shares during the last quarter. Stablepoint Partners LLC purchased a new stake in Capital Group Dividend Value ETF during the 1st quarter valued at approximately $607,000. Pines Wealth Management LLC raised its stake in Capital Group Dividend Value ETF by 6.2% during the 1st quarter. Pines Wealth Management LLC now owns 45,796 shares of the company’s stock valued at $1,632,000 after acquiring an additional 2,678 shares during the last quarter. Patriot Financial Group Insurance Agency LLC raised its stake in Capital Group Dividend Value ETF by 21.3% during the 1st quarter. Patriot Financial Group Insurance Agency LLC now owns 58,112 shares of the company’s stock valued at $2,071,000 after acquiring an additional 10,213 shares during the last quarter. Finally, NavPoint Financial Inc. purchased a new stake in Capital Group Dividend Value ETF during the 1st quarter valued at approximately $268,000.

Capital Group Dividend Value ETF Stock Down 0.1%

CGDV opened at $42.34 on Friday. The business has a 50 day moving average price of $41.40 and a two-hundred day moving average price of $38.54. The company has a market cap of $22.54 billion, a PE 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 $42.53.

Capital Group Dividend Value ETF Increases Dividend

The business also recently disclosed 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. The ex-dividend date of this dividend was Tuesday, September 30th. 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.

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.