Capital Group Dividend Value ETF $CGDV Stake Boosted by Quantum Financial Planning Services Inc.

Quantum Financial Planning Services Inc. grew its holdings in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 12.3% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 128,325 shares of the company’s stock after purchasing an additional 14,102 shares during the quarter. Capital Group Dividend Value ETF comprises approximately 2.2% of Quantum Financial Planning Services Inc.’s portfolio, making the stock its 7th largest holding. Quantum Financial Planning Services Inc.’s holdings in Capital Group Dividend Value ETF were worth $5,393,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Capital Analysts LLC acquired a new stake in shares of Capital Group Dividend Value ETF in the first quarter valued at approximately $30,000. Evergreen Wealth Solutions LLC grew its holdings in Capital Group Dividend Value ETF by 29.7% in the 1st quarter. Evergreen Wealth Solutions LLC now owns 48,345 shares of the company’s stock valued at $1,723,000 after buying an additional 11,063 shares in the last quarter. Jane Street Group LLC grew its holdings in Capital Group Dividend Value ETF by 51.9% in the 1st quarter. Jane Street Group LLC now owns 734,962 shares of the company’s stock valued at $26,194,000 after buying an additional 250,994 shares in the last quarter. WCG Wealth Advisors LLC increased its stake in shares of Capital Group Dividend Value ETF by 24.2% in the 1st quarter. WCG Wealth Advisors LLC now owns 19,006 shares of the company’s stock worth $677,000 after acquiring an additional 3,708 shares during the last quarter. Finally, Per Stirling Capital Management LLC. raised its holdings in shares of Capital Group Dividend Value ETF by 1.1% during the 1st quarter. Per Stirling Capital Management LLC. now owns 57,742 shares of the company’s stock worth $2,058,000 after acquiring an additional 644 shares during the period.

Capital Group Dividend Value ETF Trading Up 0.8%

Shares of CGDV stock opened at $43.96 on Tuesday. Capital Group Dividend Value ETF has a twelve month low of $30.94 and a twelve month high of $43.97. The company’s 50-day moving average price is $42.96 and its 200-day moving average price is $41.52. The stock has a market cap of $24.81 billion, a price-to-earnings ratio of 26.59 and a beta of 0.89.

Capital Group Dividend Value ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, October 1st. Shareholders of record on Tuesday, September 30th were issued a $0.1359 dividend. This represents a $0.54 annualized dividend and a yield of 1.2%. The ex-dividend date was Tuesday, September 30th. This is a positive change from Capital Group Dividend Value ETF’s previous quarterly dividend of $0.13.

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.