Tempus Wealth Planning LLC Increases Position in Capital Group Dividend Value ETF $CGDV

Tempus Wealth Planning LLC lifted its position in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 12.5% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 253,873 shares of the company’s stock after purchasing an additional 28,186 shares during the quarter. Capital Group Dividend Value ETF accounts for 2.5% of Tempus Wealth Planning LLC’s portfolio, making the stock its 5th largest position. Tempus Wealth Planning LLC owned approximately 0.05% of Capital Group Dividend Value ETF worth $10,025,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in CGDV. Ameriprise Financial Inc. acquired a new stake in shares of Capital Group Dividend Value ETF during the fourth quarter worth $870,000. Summit Global Investments boosted its holdings in shares of Capital Group Dividend Value ETF by 12.0% during the 1st quarter. Summit Global Investments now owns 22,154 shares of the company’s stock worth $790,000 after buying an additional 2,377 shares during the period. Rothschild Investment LLC boosted its holdings in shares of Capital Group Dividend Value ETF by 20.4% during the 1st quarter. Rothschild Investment LLC now owns 129,584 shares of the company’s stock worth $4,618,000 after buying an additional 21,987 shares during the period. Lantz Financial LLC boosted its holdings in shares of Capital Group Dividend Value ETF by 2.9% during the 1st quarter. Lantz Financial LLC now owns 42,139 shares of the company’s stock worth $1,502,000 after buying an additional 1,206 shares during the period. Finally, Kaizen Financial Strategies boosted its holdings in Capital Group Dividend Value ETF by 121.4% in the 1st quarter. Kaizen Financial Strategies now owns 234,686 shares of the company’s stock valued at $8,364,000 after purchasing an additional 128,672 shares during the period.

Capital Group Dividend Value ETF Trading Up 0.6%

Shares of NYSEARCA:CGDV opened at $41.84 on Friday. The firm has a 50 day moving average of $41.27 and a 200-day moving average of $38.32. The stock has a market capitalization of $20.53 billion, a PE ratio of 26.59 and a beta of 0.91. Capital Group Dividend Value ETF has a 12 month low of $30.94 and a 12 month high of $42.32.

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.