Capital Group Dividend Value ETF $CGDV Holdings Lifted by BlackDiamond Wealth Management LLC

BlackDiamond Wealth Management LLC increased its holdings in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 17.1% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 120,055 shares of the company’s stock after acquiring an additional 17,555 shares during the period. Capital Group Dividend Value ETF comprises about 2.7% of BlackDiamond Wealth Management LLC’s holdings, making the stock its 7th largest holding. BlackDiamond Wealth Management LLC’s holdings in Capital Group Dividend Value ETF were worth $4,753,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of CGDV. Trust Co. of Vermont acquired a new position in shares of Capital Group Dividend Value ETF in the 2nd quarter valued at about $29,000. Washington Trust Advisors Inc. acquired a new stake in shares of Capital Group Dividend Value ETF during the second quarter worth approximately $29,000. Capital Analysts LLC purchased a new position in Capital Group Dividend Value ETF during the first quarter valued at approximately $30,000. FNY Investment Advisers LLC purchased a new position in Capital Group Dividend Value ETF during the second quarter valued at approximately $35,000. Finally, Blue Trust Inc. increased its stake in 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 buying an additional 322 shares during the period.

Capital Group Dividend Value ETF Stock Down 0.1%

CGDV stock opened at $43.64 on Friday. The company has a 50 day moving average of $42.66 and a two-hundred day moving average of $41.00. The company has a market cap of $24.63 billion, a price-to-earnings ratio of 26.59 and a beta of 0.89. Capital Group Dividend Value ETF has a 12-month low of $30.94 and a 12-month high of $43.86.

Capital Group Dividend Value ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, October 1st. Investors of record on Tuesday, September 30th were given a dividend of $0.1359 per share. The ex-dividend date of this dividend was Tuesday, September 30th. This is a positive change 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 yield of 1.2%.

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.