Seamount Financial Group Inc. Has $8.73 Million Stock Position in Capital Group Dividend Value ETF $CGDV

Seamount Financial Group Inc. boosted its position in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 6.2% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 207,757 shares of the company’s stock after buying an additional 12,191 shares during the period. Capital Group Dividend Value ETF makes up 4.1% of Seamount Financial Group Inc.’s holdings, making the stock its 4th biggest holding. Seamount Financial Group Inc.’s holdings in Capital Group Dividend Value ETF were worth $8,732,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. AQR Capital Management LLC acquired a new position in shares of Capital Group Dividend Value ETF in the 1st quarter valued at about $236,000. Jane Street Group LLC increased its holdings in Capital Group Dividend Value ETF by 51.9% in the first quarter. Jane Street Group LLC now owns 734,962 shares of the company’s stock worth $26,194,000 after purchasing an additional 250,994 shares in the last quarter. Focus Partners Wealth lifted its stake in Capital Group Dividend Value ETF by 9,934.1% in the first quarter. Focus Partners Wealth now owns 495,883 shares of the company’s stock valued at $17,673,000 after buying an additional 490,941 shares during the period. Belpointe Asset Management LLC boosted its holdings in shares of Capital Group Dividend Value ETF by 7.2% during the 1st quarter. Belpointe Asset Management LLC now owns 31,637 shares of the company’s stock worth $1,128,000 after buying an additional 2,135 shares in the last quarter. Finally, Geneos Wealth Management Inc. boosted its holdings in shares of Capital Group Dividend Value ETF by 417.4% during the 1st quarter. Geneos Wealth Management Inc. now owns 43,561 shares of the company’s stock worth $1,553,000 after buying an additional 35,142 shares in the last quarter.

Capital Group Dividend Value ETF Stock Up 0.7%

NYSEARCA:CGDV opened at $44.46 on Friday. Capital Group Dividend Value ETF has a twelve month low of $30.94 and a twelve month high of $44.50. The company has a fifty day moving average of $43.41 and a 200-day moving average of $42.03. The firm has a market capitalization of $27.12 billion, a P/E ratio of 26.59 and a beta of 0.89.

Capital Group Dividend Value ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 29th. Stockholders of record on Friday, December 26th were issued a dividend of $0.1928 per share. This is an increase from Capital Group Dividend Value ETF’s previous quarterly dividend of $0.14. This represents a $0.77 annualized dividend and a dividend yield of 1.7%. The ex-dividend date was Friday, December 26th.

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.