Capital Group Dividend Value ETF $CGDV Shares Bought by Oak Hill Wealth Advisors LLC

Oak Hill Wealth Advisors LLC grew its holdings in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 15.2% in the second quarter, HoldingsChannel reports. The fund owned 39,868 shares of the company’s stock after buying an additional 5,268 shares during the period. Oak Hill Wealth Advisors LLC’s holdings in Capital Group Dividend Value ETF were worth $1,598,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently added to or reduced their stakes in CGDV. LPL Financial LLC boosted its position in Capital Group Dividend Value ETF by 34.0% during the 1st quarter. LPL Financial LLC now owns 29,452,035 shares of the company’s stock worth $1,049,670,000 after acquiring an additional 7,468,408 shares during the period. Envestnet Asset Management Inc. raised its stake in shares of Capital Group Dividend Value ETF by 36.6% in the 1st quarter. Envestnet Asset Management Inc. now owns 15,207,625 shares of the company’s stock worth $542,000,000 after buying an additional 4,071,484 shares in the last quarter. D.A. Davidson & CO. raised its stake in shares of Capital Group Dividend Value ETF by 739.0% in the 1st quarter. D.A. Davidson & CO. now owns 3,241,910 shares of the company’s stock worth $115,542,000 after buying an additional 2,855,493 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its stake in shares of Capital Group Dividend Value ETF by 19.1% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 13,831,238 shares of the company’s stock worth $492,945,000 after buying an additional 2,220,112 shares in the last quarter. Finally, HighTower Advisors LLC raised its stake in shares of Capital Group Dividend Value ETF by 378.6% in the 1st quarter. HighTower Advisors LLC now owns 2,493,381 shares of the company’s stock worth $88,864,000 after buying an additional 1,972,404 shares in the last quarter.

Capital Group Dividend Value ETF Stock Down 0.1%

Shares of Capital Group Dividend Value ETF stock opened at $42.34 on Friday. The stock’s fifty day moving average is $41.40 and its 200-day moving average is $38.52. The firm has a market capitalization of $22.54 billion, a PE ratio of 26.59 and a beta of 0.91. Capital Group Dividend Value ETF has a 12-month low of $30.94 and a 12-month high of $42.53.

Capital Group Dividend Value ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, October 1st. Investors of record on Tuesday, September 30th were given a dividend of $0.1359 per share. The ex-dividend date of this dividend was Tuesday, September 30th. This is a positive change from Capital Group Dividend Value ETF’s previous quarterly dividend of $0.13. This represents a $0.54 annualized dividend and a yield of 1.3%.

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.