Armstrong Fleming & Moore Inc Purchases 28,562 Shares of Capital Group Dividend Value ETF $CGDV

Armstrong Fleming & Moore Inc lifted its holdings in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 16.2% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 205,102 shares of the company’s stock after acquiring an additional 28,562 shares during the quarter. Capital Group Dividend Value ETF accounts for 4.1% of Armstrong Fleming & Moore Inc’s holdings, making the stock its 6th biggest position. Armstrong Fleming & Moore Inc’s holdings in Capital Group Dividend Value ETF were worth $8,620,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the business. Ergawealth Advisors Inc. boosted its stake in shares of Capital Group Dividend Value ETF by 1.9% during the 3rd quarter. Ergawealth Advisors Inc. now owns 578,808 shares of the company’s stock worth $24,327,000 after acquiring an additional 10,667 shares in the last quarter. Warner Financial Inc. increased its stake in shares of Capital Group Dividend Value ETF by 47.1% in the 3rd quarter. Warner Financial Inc. now owns 16,033 shares of the company’s stock valued at $674,000 after purchasing an additional 5,133 shares in the last quarter. Main Line Retirement Advisors LLC raised its holdings in Capital Group Dividend Value ETF by 2.7% in the 3rd quarter. Main Line Retirement Advisors LLC now owns 515,911 shares of the company’s stock worth $21,684,000 after purchasing an additional 13,395 shares during the period. Goldstone Financial Group LLC boosted its position in Capital Group Dividend Value ETF by 26.4% during the third quarter. Goldstone Financial Group LLC now owns 33,490 shares of the company’s stock worth $1,408,000 after purchasing an additional 6,996 shares in the last quarter. Finally, Sard Wealth Management Group LLC acquired a new stake in Capital Group Dividend Value ETF in the third quarter valued at approximately $325,000.

Capital Group Dividend Value ETF Stock Down 0.0%

CGDV opened at $43.93 on Wednesday. The company has a market cap of $24.79 billion, a PE ratio of 26.59 and a beta of 0.89. Capital Group Dividend Value ETF has a twelve month low of $30.94 and a twelve month high of $44.26. The company has a 50-day moving average price of $43.22 and a 200 day moving average price of $41.77.

Capital Group Dividend Value ETF Increases Dividend

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

Capital Group Dividend Value ETF Company 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.