Wisconsin Wealth Advisors LLC Purchases New Position in Capital Group Dividend Value ETF $CGDV

Wisconsin Wealth Advisors LLC purchased a new stake in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 17,835 shares of the company’s stock, valued at approximately $778,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Triumph Capital Management purchased a new position in shares of Capital Group Dividend Value ETF during the third quarter valued at approximately $32,000. MassMutual Private Wealth & Trust FSB boosted its stake in shares of Capital Group Dividend Value ETF by 38,200.0% during the 3rd quarter. MassMutual Private Wealth & Trust FSB now owns 1,149 shares of the company’s stock valued at $48,000 after purchasing an additional 1,146 shares in the last quarter. Huntington National Bank bought a new stake in shares of Capital Group Dividend Value ETF during the 3rd quarter valued at about $49,000. Banco de Sabadell S.A purchased a new position in shares of Capital Group Dividend Value ETF during the second quarter valued at about $47,000. Finally, CENTRAL TRUST Co bought a new position in Capital Group Dividend Value ETF in the third quarter worth about $52,000.

Capital Group Dividend Value ETF Price Performance

Shares of CGDV opened at $42.50 on Friday. The company has a 50-day simple moving average of $44.75 and a two-hundred day simple moving average of $43.47. The firm has a market capitalization of $27.14 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 $46.01.

Capital Group Dividend Value ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, December 29th. Shareholders of record on Friday, December 26th were given a dividend of $0.1928 per share. This is an increase from Capital Group Dividend Value ETF’s previous quarterly dividend of $0.14. This represents a $0.77 annualized dividend and a yield of 1.8%. The ex-dividend date of this dividend was Friday, December 26th.

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. CGDV was launched on Feb 22, 2022 and is managed by Capital Group.