Investment Advisory Group LLC Has $350,000 Stock Position in Capital Group Dividend Value ETF $CGDV

Investment Advisory Group LLC raised its position in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 18.5% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,869 shares of the company’s stock after purchasing an additional 1,386 shares during the period. Investment Advisory Group LLC’s holdings in Capital Group Dividend Value ETF were worth $350,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the company. Blue Trust Inc. raised its position in Capital Group Dividend Value ETF by 26.8% during the second quarter. Blue Trust Inc. now owns 1,522 shares of the company’s stock valued at $60,000 after purchasing an additional 322 shares in the last quarter. Warner Financial Inc. raised its position in Capital Group Dividend Value ETF by 3.4% during the first quarter. Warner Financial Inc. now owns 10,242 shares of the company’s stock valued at $365,000 after purchasing an additional 341 shares in the last quarter. Lodestar Private Asset Management LLC raised its position in Capital Group Dividend Value ETF by 0.4% during the first quarter. Lodestar Private Asset Management LLC now owns 81,168 shares of the company’s stock valued at $2,893,000 after purchasing an additional 353 shares in the last quarter. MSH Capital Advisors LLC grew its stake in shares of Capital Group Dividend Value ETF by 1.4% during the first quarter. MSH Capital Advisors LLC now owns 28,152 shares of the company’s stock worth $1,003,000 after buying an additional 383 shares during the last quarter. Finally, Cornerstone Wealth Management LLC grew its stake in shares of Capital Group Dividend Value ETF by 2.0% during the first quarter. Cornerstone Wealth Management LLC now owns 21,024 shares of the company’s stock worth $749,000 after buying an additional 404 shares during the last quarter.

Capital Group Dividend Value ETF Stock Performance

NYSEARCA CGDV opened at $41.33 on Friday. The firm’s fifty day moving average price is $41.55 and its two-hundred day moving average price is $38.74. The stock has a market cap of $22.29 billion, a PE ratio of 26.59 and a beta of 0.91. Capital Group Dividend Value ETF has a fifty-two week low of $30.94 and a fifty-two week high of $42.66.

Capital Group Dividend Value ETF Increases Dividend

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

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.