Everpar Advisors LLC Has $4.83 Million Holdings in Capital Group Dividend Value ETF $CGDV

Everpar Advisors LLC increased its position in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 16.8% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 114,823 shares of the company’s stock after purchasing an additional 16,490 shares during the period. Capital Group Dividend Value ETF makes up 1.9% of Everpar Advisors LLC’s investment portfolio, making the stock its 8th largest holding. Everpar Advisors LLC’s holdings in Capital Group Dividend Value ETF were worth $4,826,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in the business. Raymond James Financial Inc. raised its stake in shares of Capital Group Dividend Value ETF by 11.5% during the 2nd quarter. Raymond James Financial Inc. now owns 19,353,624 shares of the company’s stock worth $764,275,000 after purchasing an additional 1,999,975 shares during the period. Envestnet Asset Management Inc. lifted its position in shares of Capital Group Dividend Value ETF by 9.9% during the second quarter. Envestnet Asset Management Inc. now owns 16,720,692 shares of the company’s stock worth $660,300,000 after acquiring an additional 1,513,067 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its stake in Capital Group Dividend Value ETF by 10.8% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 15,328,061 shares of the company’s stock worth $605,305,000 after purchasing an additional 1,496,823 shares during the period. Bank of America Corp DE lifted its holdings in shares of Capital Group Dividend Value ETF by 23.1% in the second quarter. Bank of America Corp DE now owns 13,179,947 shares of the company’s stock worth $520,476,000 after buying an additional 2,471,984 shares in the last quarter. Finally, Cetera Investment Advisers boosted its holdings in Capital Group Dividend Value ETF by 17.1% in the 2nd quarter. Cetera Investment Advisers now owns 11,850,016 shares of the company’s stock valued at $467,957,000 after purchasing an additional 1,730,269 shares during the period.

Capital Group Dividend Value ETF Trading Down 0.4%

NYSEARCA CGDV opened at $44.04 on Friday. The firm has a market cap of $24.85 billion, a PE ratio of 26.59 and a beta of 0.89. Capital Group Dividend Value ETF has a 1-year low of $30.94 and a 1-year high of $44.26. The stock has a 50-day moving average of $43.15 and a 200-day moving average of $41.67.

Capital Group Dividend Value ETF Increases Dividend

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

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