WealthCare Investment Partners LLC Increases Stake in Capital Group Dividend Value ETF $CGDV

WealthCare Investment Partners LLC raised its holdings in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 62.0% in the 4th quarter, HoldingsChannel.com reports. The fund owned 169,685 shares of the company’s stock after purchasing an additional 64,921 shares during the quarter. Capital Group Dividend Value ETF makes up approximately 2.2% of WealthCare Investment Partners LLC’s holdings, making the stock its 9th largest holding. WealthCare Investment Partners LLC’s holdings in Capital Group Dividend Value ETF were worth $7,461,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in the stock. Harbor Investment Advisory LLC increased 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 last quarter. Thrivent Financial for Lutherans bought a new position in Capital Group Dividend Value ETF during the second quarter worth about $1,982,000. Future Financial Wealth Managment LLC acquired a new position in shares of Capital Group Dividend Value ETF during the 3rd quarter worth about $5,649,000. Fermata Advisors LLC grew its position 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 worth $9,002,000 after buying an additional 19,012 shares during the period. Finally, Creative Planning increased its stake in shares of Capital Group Dividend Value ETF by 12.5% in the 2nd quarter. Creative Planning now owns 33,817 shares of the company’s stock valued at $1,335,000 after acquiring an additional 3,747 shares during the last quarter.

Capital Group Dividend Value ETF Price Performance

Shares of NYSEARCA:CGDV opened at $42.50 on Friday. The company has a market capitalization of $27.14 billion, a price-to-earnings ratio of 26.59 and a beta of 0.89. The firm’s 50 day simple moving average is $44.75 and its 200 day simple moving average is $43.47. Capital Group Dividend Value ETF has a fifty-two week low of $30.94 and a fifty-two week high of $46.01.

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 paid a $0.1928 dividend. The ex-dividend date of this dividend was Friday, December 26th. This is a boost from Capital Group Dividend Value ETF’s previous quarterly dividend of $0.14. This represents a $0.77 annualized dividend and a yield of 1.8%.

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.