Ashton Thomas Private Wealth LLC Buys 32,838 Shares of Capital Group Dividend Value ETF $CGDV

Ashton Thomas Private Wealth LLC increased its position in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 47.2% during the 3rd quarter, HoldingsChannel reports. The fund owned 102,404 shares of the company’s stock after purchasing an additional 32,838 shares during the quarter. Ashton Thomas Private Wealth LLC’s holdings in Capital Group Dividend Value ETF were worth $4,318,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of CGDV. Premier Path Wealth Partners LLC raised its position in shares of Capital Group Dividend Value ETF by 1.0% during the 3rd quarter. Premier Path Wealth Partners LLC now owns 37,746 shares of the company’s stock valued at $1,586,000 after acquiring an additional 392 shares during the last quarter. Westside Investment Management Inc. raised its holdings in Capital Group Dividend Value ETF by 36.1% during the 3rd quarter. Westside Investment Management Inc. now owns 20,927 shares of the company’s stock worth $880,000 after buying an additional 5,547 shares during the period. Mission Wealth Management LP lifted its position in Capital Group Dividend Value ETF by 4.4% in the 3rd quarter. Mission Wealth Management LP now owns 240,035 shares of the company’s stock valued at $10,089,000 after acquiring an additional 10,187 shares in the last quarter. Jones Financial Companies Lllp boosted its stake in Capital Group Dividend Value ETF by 39.1% in the 3rd quarter. Jones Financial Companies Lllp now owns 7,854,486 shares of the company’s stock worth $328,634,000 after purchasing an additional 2,208,093 shares during the period. Finally, Gimbal Financial bought a new position in Capital Group Dividend Value ETF during the 3rd quarter worth about $211,000.

Capital Group Dividend Value ETF Stock Performance

NYSEARCA:CGDV opened at $44.86 on Thursday. Capital Group Dividend Value ETF has a 52-week low of $30.94 and a 52-week high of $45.15. The stock has a 50-day simple moving average of $44.06 and a 200 day simple moving average of $42.62. The company has a market cap of $28.65 billion, a PE ratio of 26.59 and a beta of 0.89.

Capital Group Dividend Value ETF Increases Dividend

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

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.