Calton & Associates Inc. Raises Stock Holdings in Capital Group Dividend Value ETF $CGDV

Calton & Associates Inc. raised its position in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 52.4% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 48,070 shares of the company’s stock after buying an additional 16,529 shares during the quarter. Calton & Associates Inc.’s holdings in Capital Group Dividend Value ETF were worth $2,020,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of CGDV. Harbor Investment Advisory LLC boosted its holdings in shares of Capital Group Dividend Value ETF by 91.4% during the 3rd quarter. Harbor Investment Advisory LLC now owns 49,925 shares of the company’s stock valued at $2,098,000 after acquiring an additional 23,845 shares during the last quarter. Thrivent Financial for Lutherans bought a new position in Capital Group Dividend Value ETF during the second quarter valued at approximately $1,982,000. Future Financial Wealth Managment LLC purchased a new stake in Capital Group Dividend Value ETF in the third quarter worth approximately $5,649,000. Fermata Advisors LLC grew its position in Capital Group Dividend Value ETF by 9.7% in the 3rd quarter. Fermata Advisors LLC now owns 214,171 shares of the company’s stock worth $9,002,000 after purchasing an additional 19,012 shares during the period. Finally, Creative Planning raised its stake in Capital Group Dividend Value ETF by 12.5% during the 2nd quarter. Creative Planning now owns 33,817 shares of the company’s stock valued at $1,335,000 after buying an additional 3,747 shares during the last quarter.

Capital Group Dividend Value ETF Price Performance

NYSEARCA CGDV opened at $45.33 on Friday. The stock has a market capitalization of $28.95 billion, a price-to-earnings 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 $46.01. The business’s fifty day moving average price is $44.30 and its 200-day moving average price is $42.83.

Capital Group Dividend Value ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, December 29th. Shareholders of record on Friday, December 26th were issued a $0.1928 dividend. This is a positive change 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 yield of 1.7%. The ex-dividend date of this dividend was Friday, December 26th.

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.