Integrated Wealth Concepts LLC Buys 100,477 Shares of Capital Group Dividend Value ETF $CGDV

Integrated Wealth Concepts LLC lifted its stake in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 9.0% during the third quarter, HoldingsChannel.com reports. The fund owned 1,213,477 shares of the company’s stock after buying an additional 100,477 shares during the quarter. Integrated Wealth Concepts LLC’s holdings in Capital Group Dividend Value ETF were worth $51,002,000 at the end of the most recent quarter.

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

Capital Group Dividend Value ETF Trading Down 0.4%

Shares of NYSEARCA CGDV opened at $43.51 on Monday. Capital Group Dividend Value ETF has a 12-month low of $30.94 and a 12-month high of $46.01. The stock’s fifty day simple moving average is $44.85 and its two-hundred day simple moving average is $43.44. The stock has a market capitalization of $27.79 billion, a PE ratio of 26.59 and a beta of 0.89.

Capital Group Dividend Value ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, December 29th. Shareholders of record on Friday, December 26th were paid a $0.1928 dividend. This represents a $0.77 annualized dividend and a yield of 1.8%. This is a boost 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.