Capital Group Dividend Value ETF $CGDV is Wood Tarver Financial Group LLC’s 3rd Largest Position

Wood Tarver Financial Group LLC increased its position in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 2.6% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 459,325 shares of the company’s stock after purchasing an additional 11,582 shares during the period. Capital Group Dividend Value ETF accounts for 5.7% of Wood Tarver Financial Group LLC’s portfolio, making the stock its 3rd largest holding. Wood Tarver Financial Group LLC owned 0.08% of Capital Group Dividend Value ETF worth $19,305,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. MassMutual Private Wealth & Trust FSB raised its holdings in Capital Group Dividend Value ETF by 38,200.0% during the third quarter. MassMutual Private Wealth & Trust FSB now owns 1,149 shares of the company’s stock valued at $48,000 after acquiring an additional 1,146 shares during the period. Huntington National Bank bought a new position in shares of Capital Group Dividend Value ETF in the third quarter worth about $49,000. Banco de Sabadell S.A bought a new position in shares of Capital Group Dividend Value ETF in the second quarter worth about $47,000. CENTRAL TRUST Co purchased a new stake in shares of Capital Group Dividend Value ETF during the third quarter worth about $52,000. Finally, Trust Co. of Vermont grew its position in shares of Capital Group Dividend Value ETF by 83.0% during the third quarter. Trust Co. of Vermont now owns 1,347 shares of the company’s stock worth $57,000 after purchasing an additional 611 shares in the last quarter.

Capital Group Dividend Value ETF Trading Down 0.4%

NYSEARCA CGDV opened at $43.51 on Friday. Capital Group Dividend Value ETF has a 12 month low of $30.94 and a 12 month high of $46.01. The stock has a market cap of $27.79 billion, a PE ratio of 26.59 and a beta of 0.89. The stock’s 50 day moving average is $44.85 and its 200 day moving average is $43.41.

Capital Group Dividend Value ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, December 29th. Investors of record on Friday, December 26th were issued a $0.1928 dividend. This represents a $0.77 dividend on an annualized basis and a dividend yield of 1.8%. This is a boost from Capital Group Dividend Value ETF’s previous quarterly dividend of $0.14. The ex-dividend date of this dividend was Friday, December 26th.

About Capital Group Dividend Value ETF

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.