NewEdge Advisors LLC Cuts Stock Position in Capital Group Dividend Value ETF $CGDV

Posted by Stacy Sanders on Sep 9th, 2026

NewEdge Advisors LLC decreased its holdings in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV – Free Report) by 11.2% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 1,266,080 shares of the company’s stock after selling 158,955 shares during the period. NewEdge Advisors LLC’s holdings in Capital Group Dividend Value ETF were worth $62,392,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in CGDV. Flagship Wealth Advisors LLC acquired a new stake in Capital Group Dividend Value ETF in the 4th quarter valued at $32,000. Tucker Asset Management LLC acquired a new position in shares of Capital Group Dividend Value ETF during the fourth quarter worth about $32,000. Triumph Capital Management acquired a new position in shares of Capital Group Dividend Value ETF during the third quarter worth about $32,000. TD Capital Management LLC purchased a new stake in shares of Capital Group Dividend Value ETF in the fourth quarter worth about $34,000. Finally, Bayban purchased a new stake in shares of Capital Group Dividend Value ETF in the first quarter worth about $36,000.

Capital Group Dividend Value ETF Stock Performance

CGDV stock opened at $49.91 on Wednesday. The firm has a market cap of $37.85 billion, a P/E ratio of 26.59 and a beta of 0.88. Capital Group Dividend Value ETF has a 1 year low of $41.24 and a 1 year high of $51.63. The stock has a 50-day simple moving average of $49.81 and a 200-day simple moving average of $47.43.

Capital Group Dividend Value ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, July 1st. Shareholders of record on Tuesday, June 30th were issued a $0.1471 dividend. The ex-dividend date was Tuesday, June 30th. This represents a $0.59 dividend on an annualized basis and a yield of 1.2%. This is a boost from Capital Group Dividend Value ETF’s previous quarterly dividend of $0.11.

Capital Group Dividend Value ETF Company Profile

(Free Report)

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.