EverSource Wealth Advisors LLC Grows Stock Holdings in Capital Group Dividend Value ETF $CGDV

EverSource Wealth Advisors LLC raised its holdings in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 16.7% in the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 100,697 shares of the company’s stock after acquiring an additional 14,413 shares during the period. EverSource Wealth Advisors LLC’s holdings in Capital Group Dividend Value ETF were worth $4,232,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in the business. Harbor Investment Advisory LLC grew its holdings in Capital Group Dividend Value ETF by 91.4% in the third quarter. Harbor Investment Advisory LLC now owns 49,925 shares of the company’s stock valued at $2,098,000 after purchasing an additional 23,845 shares during the period. Thrivent Financial for Lutherans acquired a new position in shares of Capital Group Dividend Value ETF in the 2nd quarter valued at $1,982,000. Future Financial Wealth Managment LLC acquired a new position in shares of Capital Group Dividend Value ETF in the 3rd quarter valued at $5,649,000. Fermata Advisors LLC grew its stake in shares of Capital Group Dividend Value ETF by 9.7% during the 3rd quarter. Fermata Advisors LLC now owns 214,171 shares of the company’s stock valued at $9,002,000 after buying an additional 19,012 shares during the period. Finally, Genesis Private Wealth LLC increased its holdings in shares of Capital Group Dividend Value ETF by 130.9% during the 3rd quarter. Genesis Private Wealth LLC now owns 24,798 shares of the company’s stock worth $1,042,000 after buying an additional 14,058 shares during the last quarter.

Capital Group Dividend Value ETF Trading Up 0.5%

Shares of CGDV opened at $45.70 on Wednesday. Capital Group Dividend Value ETF has a twelve month low of $30.94 and a twelve month high of $46.01. The firm has a market capitalization of $29.18 billion, a P/E ratio of 26.59 and a beta of 0.89. The stock’s fifty day simple moving average is $44.58 and its 200 day simple moving average is $43.10.

Capital Group Dividend Value ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, December 29th. Stockholders of record on Friday, December 26th were paid a $0.1928 dividend. The ex-dividend date of this dividend was Friday, December 26th. This represents a $0.77 annualized dividend and a dividend yield of 1.7%. This is an increase from Capital Group Dividend Value ETF’s previous quarterly dividend of $0.14.

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.