Capital Group Dividend Value ETF $CGDV Shares Bought by New England Capital Financial Advisors LLC

New England Capital Financial Advisors LLC grew its position in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 48.9% during the second quarter, HoldingsChannel reports. The firm owned 89,010 shares of the company’s stock after buying an additional 29,245 shares during the period. Capital Group Dividend Value ETF accounts for approximately 1.6% of New England Capital Financial Advisors LLC’s holdings, making the stock its 14th largest holding. New England Capital Financial Advisors LLC’s holdings in Capital Group Dividend Value ETF were worth $3,515,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. Blue Trust Inc. grew its holdings in Capital Group Dividend Value ETF by 26.8% during the 2nd 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. MSH Capital Advisors LLC boosted its position in Capital Group Dividend Value ETF by 1.4% in the 1st quarter. MSH Capital Advisors LLC now owns 28,152 shares of the company’s stock valued at $1,003,000 after buying an additional 383 shares during the last quarter. Signature Wealth Management Group boosted its position in Capital Group Dividend Value ETF by 3.3% in the 2nd quarter. Signature Wealth Management Group now owns 12,632 shares of the company’s stock valued at $499,000 after buying an additional 406 shares during the last quarter. Avant Capital LLC grew its stake in shares of Capital Group Dividend Value ETF by 6.7% during the first quarter. Avant Capital LLC now owns 7,526 shares of the company’s stock valued at $268,000 after acquiring an additional 473 shares in the last quarter. Finally, Northwest Financial Advisors grew its stake in shares of Capital Group Dividend Value ETF by 1.2% during the second quarter. Northwest Financial Advisors now owns 39,950 shares of the company’s stock valued at $1,578,000 after acquiring an additional 475 shares in the last quarter.

Capital Group Dividend Value ETF Stock Performance

NYSEARCA:CGDV opened at $42.88 on Friday. Capital Group Dividend Value ETF has a one year low of $30.94 and a one year high of $43.56. The business’s 50-day simple moving average is $42.30 and its 200 day simple moving average is $40.23. The stock has a market cap of $24.20 billion, a price-to-earnings ratio of 26.59 and a beta of 0.89.

Capital Group Dividend Value ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, October 1st. Shareholders of record on Tuesday, September 30th were given a $0.1359 dividend. This represents a $0.54 dividend on an annualized basis and a dividend yield of 1.3%. 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.

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.