Capital Group Dividend Value ETF $CGDV Shares Bought by HBW Advisory Services LLC

HBW Advisory Services LLC boosted its holdings in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 44.1% in the 3rd quarter, Holdings Channel reports. The firm owned 52,091 shares of the company’s stock after purchasing an additional 15,954 shares during the period. HBW Advisory Services LLC’s holdings in Capital Group Dividend Value ETF were worth $2,189,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently bought and sold shares of the company. Thrivent Financial for Lutherans purchased a new stake in shares of Capital Group Dividend Value ETF in the second quarter valued at about $1,982,000. Clear Point Advisors Inc. lifted its position in Capital Group Dividend Value ETF by 22.8% in the second quarter. Clear Point Advisors Inc. now owns 53,608 shares of the company’s stock valued at $2,117,000 after purchasing an additional 9,965 shares during the period. Future Financial Wealth Managment LLC purchased a new stake in Capital Group Dividend Value ETF in the 3rd quarter valued at approximately $5,649,000. Tempus Wealth Planning LLC boosted its holdings in Capital Group Dividend Value ETF by 12.5% in the 2nd quarter. Tempus Wealth Planning LLC now owns 253,873 shares of the company’s stock valued at $10,025,000 after purchasing an additional 28,186 shares in the last quarter. Finally, ACT Advisors LLC. acquired a new position in Capital Group Dividend Value ETF during the 3rd quarter worth approximately $18,727,000.

Capital Group Dividend Value ETF Price Performance

Capital Group Dividend Value ETF stock opened at $44.04 on Friday. Capital Group Dividend Value ETF has a 1-year low of $30.94 and a 1-year high of $44.26. The company has a market cap of $24.85 billion, a PE ratio of 26.59 and a beta of 0.89. The stock’s 50 day moving average price is $43.15 and its 200 day moving average price is $41.64.

Capital Group Dividend Value ETF Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, December 29th. Stockholders of record on Friday, December 26th will be given a $0.1928 dividend. This is an increase from Capital Group Dividend Value ETF’s previous quarterly dividend of $0.14. This represents a $0.77 dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date is Friday, December 26th.

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.