Capital Group Dividend Value ETF $CGDV Stock Holdings Lifted by Security Financial Services INC.

Security Financial Services INC. boosted its stake in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 674.7% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 182,693 shares of the company’s stock after buying an additional 159,110 shares during the quarter. Capital Group Dividend Value ETF makes up 1.2% of Security Financial Services INC.’s portfolio, making the stock its 24th largest position. Security Financial Services INC.’s holdings in Capital Group Dividend Value ETF were worth $8,925,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also added to or reduced their stakes in the stock. Dean Jacobson Financial Services LLC raised its position in Capital Group Dividend Value ETF by 5.1% during the 3rd quarter. Dean Jacobson Financial Services LLC now owns 233,766 shares of the company’s stock valued at $11,419,000 after purchasing an additional 11,297 shares in the last quarter. Vise Technologies Inc. grew its position in shares of Capital Group Dividend Value ETF by 3.2% during the 3rd quarter. Vise Technologies Inc. now owns 86,838 shares of the company’s stock worth $4,242,000 after buying an additional 2,709 shares in the last quarter. BNB Wealth Management LLC grew its position in shares of Capital Group Dividend Value ETF by 5.2% during the 3rd quarter. BNB Wealth Management LLC now owns 167,315 shares of the company’s stock worth $8,173,000 after buying an additional 8,241 shares in the last quarter. Summit Global Investments increased its stake in shares of Capital Group Dividend Value ETF by 10.3% during the third quarter. Summit Global Investments now owns 49,052 shares of the company’s stock valued at $2,396,000 after buying an additional 4,586 shares during the period. Finally, MGO One Seven LLC increased its stake in shares of Capital Group Dividend Value ETF by 18.4% during the third quarter. MGO One Seven LLC now owns 771,312 shares of the company’s stock valued at $37,679,000 after buying an additional 120,077 shares during the period.

Capital Group Dividend Value ETF Price Performance

CGDV stock opened at $48.81 on Monday. Capital Group Dividend Value ETF has a 1-year low of $41.31 and a 1-year high of $51.63. The business has a 50-day moving average price of $49.41 and a 200 day moving average price of $47.44. The company has a market capitalization of $38.88 billion, a P/E ratio of 26.59 and a beta of 0.88.

Capital Group Dividend Value ETF Increases Dividend

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