FSA Wealth Partners Inc. Has $25.87 Million Holdings in Capital Group Dividend Value ETF $CGDV

FSA Wealth Partners Inc. raised its holdings in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 3.8% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 615,537 shares of the company’s stock after buying an additional 22,507 shares during the period. Capital Group Dividend Value ETF comprises approximately 10.0% of FSA Wealth Partners Inc.’s investment portfolio, making the stock its 3rd biggest position. FSA Wealth Partners Inc. owned 0.11% of Capital Group Dividend Value ETF worth $25,871,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of CGDV. Trust Co. of Vermont bought a new stake in shares of Capital Group Dividend Value ETF during the second quarter worth $29,000. Washington Trust Advisors Inc. bought a new stake in Capital Group Dividend Value ETF during the 2nd quarter valued at about $29,000. FNY Investment Advisers LLC purchased a new stake in Capital Group Dividend Value ETF in the 2nd quarter valued at about $35,000. Banco de Sabadell S.A purchased a new stake in Capital Group Dividend Value ETF in the 2nd quarter valued at about $47,000. Finally, MassMutual Private Wealth & Trust FSB grew its stake in Capital Group Dividend Value ETF by 38,200.0% in the 3rd quarter. MassMutual Private Wealth & Trust FSB now owns 1,149 shares of the company’s stock worth $48,000 after acquiring an additional 1,146 shares in the last quarter.

Capital Group Dividend Value ETF Stock Performance

Shares of NYSEARCA:CGDV opened at $44.87 on Friday. The firm’s 50 day simple moving average is $43.96 and its 200-day simple moving average is $42.53. Capital Group Dividend Value ETF has a one year low of $30.94 and a one year high of $45.12. The firm has a market cap of $28.62 billion, a PE ratio of 26.59 and a beta of 0.89.

Capital Group Dividend Value ETF Increases Dividend

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

Capital Group Dividend Value ETF 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.