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

WealthCare Investment Partners LLC increased its position in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 27.5% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 80,825 shares of the company’s stock after purchasing an additional 17,417 shares during the period. Capital Group Dividend Value ETF accounts for about 1.2% of WealthCare Investment Partners LLC’s holdings, making the stock its 22nd biggest holding. WealthCare Investment Partners LLC’s holdings in Capital Group Dividend Value ETF were worth $3,248,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in CGDV. Ameriprise Financial Inc. purchased a new stake in shares of Capital Group Dividend Value ETF in the 4th quarter valued at about $870,000. Royal Bank of Canada lifted its holdings in shares of Capital Group Dividend Value ETF by 28.6% in the 4th quarter. Royal Bank of Canada now owns 3,480,456 shares of the company’s stock valued at $122,721,000 after purchasing an additional 774,699 shares during the last quarter. Snowden Capital Advisors LLC lifted its holdings in shares of Capital Group Dividend Value ETF by 51.9% in the 4th quarter. Snowden Capital Advisors LLC now owns 11,866 shares of the company’s stock valued at $418,000 after purchasing an additional 4,054 shares during the last quarter. Waverly Advisors LLC purchased a new stake in shares of Capital Group Dividend Value ETF in the 4th quarter valued at about $286,000. Finally, Continuum Advisory LLC lifted its holdings in shares of Capital Group Dividend Value ETF by 2.0% in the 4th quarter. Continuum Advisory LLC now owns 900,169 shares of the company’s stock valued at $31,740,000 after purchasing an additional 17,943 shares during the last quarter.

Capital Group Dividend Value ETF Stock Up 0.1%

CGDV opened at $41.99 on Tuesday. The business has a 50 day moving average price of $41.02 and a two-hundred day moving average price of $37.97. The company has a market cap of $20.60 billion, a PE ratio of 26.59 and a beta of 0.91. Capital Group Dividend Value ETF has a 52 week low of $30.94 and a 52 week high of $42.26.

Capital Group Dividend Value ETF Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, July 1st. Shareholders of record on Monday, June 30th were paid a dividend of $0.1295 per share. The ex-dividend date of this dividend was Monday, June 30th. This represents a $0.52 annualized dividend and a yield of 1.2%.

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.