Modera Wealth Management LLC Acquires 74,302 Shares of Capital Group Dividend Value ETF $CGDV

Modera Wealth Management LLC acquired a new stake in Capital Group Dividend Value ETF (NYSEARCA:CGDV) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 74,302 shares of the company’s stock, valued at approximately $3,630,000.

Other large investors have also bought and sold shares of the company. Ameritas Advisory Services LLC raised its position in shares of Capital Group Dividend Value ETF by 179.5% during the second quarter. Ameritas Advisory Services LLC now owns 1,092,250 shares of the company’s stock worth $53,826,000 after acquiring an additional 701,514 shares during the last quarter. Capital Analysts LLC lifted its stake in shares of Capital Group Dividend Value ETF by 27.8% in the second quarter. Capital Analysts LLC now owns 164,262 shares of the company’s stock worth $8,095,000 after acquiring an additional 35,765 shares during the period. Guardian Wealth Advisors LLC NC lifted its stake in shares of Capital Group Dividend Value ETF by 2.1% in the second quarter. Guardian Wealth Advisors LLC NC now owns 1,281,501 shares of the company’s stock worth $63,200,000 after acquiring an additional 26,012 shares during the period. Concurrent Investment Advisors LLC lifted its stake in shares of Capital Group Dividend Value ETF by 2.1% in the second quarter. Concurrent Investment Advisors LLC now owns 971,237 shares of the company’s stock worth $47,863,000 after acquiring an additional 19,594 shares during the period. Finally, PCG Wealth Advisors LLC boosted its holdings in Capital Group Dividend Value ETF by 5.3% in the second quarter. PCG Wealth Advisors LLC now owns 681,934 shares of the company’s stock valued at $33,606,000 after acquiring an additional 34,563 shares during the last quarter.

Capital Group Dividend Value ETF Price Performance

Shares of CGDV stock opened at $48.81 on Friday. The stock has a market capitalization of $38.88 billion, a PE ratio of 26.59 and a beta of 0.88. The business’s 50 day simple moving average is $49.41 and its 200 day simple moving average is $47.44. Capital Group Dividend Value ETF has a one year low of $41.31 and a one year high of $51.63.

Capital Group Dividend Value ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, October 1st. Stockholders of record on Wednesday, September 30th were given a $0.1522 dividend. This is an increase from Capital Group Dividend Value ETF’s previous quarterly dividend of $0.1471. The ex-dividend date was Wednesday, September 30th. This represents a $0.61 dividend on an annualized basis and a dividend 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. CGDV was launched on Feb 22, 2022 and is managed by Capital Group.