Capital Group Dividend Value ETF $CGDV Shares Bought by Creative Planning

Creative Planning raised its stake in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 12.5% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 33,817 shares of the company’s stock after purchasing an additional 3,747 shares during the quarter. Creative Planning’s holdings in Capital Group Dividend Value ETF were worth $1,335,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Blue Trust Inc. increased its position in shares of Capital Group Dividend Value ETF by 26.8% in the 2nd quarter. Blue Trust Inc. now owns 1,522 shares of the company’s stock valued at $60,000 after acquiring an additional 322 shares during the period. MSH Capital Advisors LLC grew its stake in Capital Group Dividend Value ETF by 1.4% during the 1st quarter. MSH Capital Advisors LLC now owns 28,152 shares of the company’s stock valued at $1,003,000 after purchasing an additional 383 shares during the last quarter. Signature Wealth Management Group increased its holdings in shares of Capital Group Dividend Value ETF by 3.3% in the second quarter. Signature Wealth Management Group now owns 12,632 shares of the company’s stock valued at $499,000 after purchasing an additional 406 shares during the period. Avant Capital LLC raised its stake in shares of Capital Group Dividend Value ETF by 6.7% in the first quarter. Avant Capital LLC now owns 7,526 shares of the company’s stock worth $268,000 after purchasing an additional 473 shares during the last quarter. Finally, Northwest Financial Advisors raised its stake in shares of Capital Group Dividend Value ETF by 1.2% in the second quarter. Northwest Financial Advisors now owns 39,950 shares of the company’s stock worth $1,578,000 after purchasing an additional 475 shares during the last quarter.

Capital Group Dividend Value ETF Stock Up 0.4%

Shares of NYSEARCA CGDV opened at $43.84 on Friday. Capital Group Dividend Value ETF has a 52 week low of $30.94 and a 52 week high of $43.86. The business’s 50 day moving average price is $42.50 and its 200 day moving average price is $40.74. The firm has a market cap of $24.74 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. Stockholders of record on Tuesday, September 30th were paid a $0.1359 dividend. The ex-dividend date was Tuesday, September 30th. This is an increase from Capital Group Dividend Value ETF’s previous quarterly dividend of $0.13. This represents a $0.54 dividend on an annualized basis and a dividend yield of 1.2%.

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.