18,129 Capital Group Dividend Value ETF $CGDV Shares Bought by Onyx Bridge Wealth Group LLC

Onyx Bridge Wealth Group LLC lifted its stake in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 2.7% during the 3rd quarter, Holdings Channel reports. The firm owned 686,353 shares of the company’s stock after acquiring an additional 18,129 shares during the period. Capital Group Dividend Value ETF makes up 2.9% of Onyx Bridge Wealth Group LLC’s holdings, making the stock its 4th biggest holding. Onyx Bridge Wealth Group LLC’s holdings in Capital Group Dividend Value ETF were worth $33,544,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in CGDV. Cetera Investment Advisers increased its holdings in Capital Group Dividend Value ETF by 12.0% in the first quarter. Cetera Investment Advisers now owns 18,359,294 shares of the company’s stock valued at $781,004,000 after purchasing an additional 1,959,868 shares during the last quarter. WNY Asset Management LLC acquired a new position in Capital Group Dividend Value ETF in the first quarter valued at about $67,648,000. Royal Bank of Canada lifted its stake in Capital Group Dividend Value ETF by 19.6% in the first quarter. Royal Bank of Canada now owns 7,479,465 shares of the company’s stock valued at $318,176,000 after buying an additional 1,223,486 shares during the period. Bank of America Corp DE lifted its stake in Capital Group Dividend Value ETF by 7.0% in the first quarter. Bank of America Corp DE now owns 17,913,033 shares of the company’s stock valued at $762,020,000 after buying an additional 1,166,097 shares during the period. Finally, First Pacific Financial lifted its stake in Capital Group Dividend Value ETF by 526.1% in the third quarter. First Pacific Financial now owns 1,067,781 shares of the company’s stock valued at $52,161,000 after buying an additional 897,226 shares during the period.

Capital Group Dividend Value ETF Trading Down 0.9%

Shares of CGDV opened at $48.93 on Friday. Capital Group Dividend Value ETF has a 1 year low of $41.31 and a 1 year high of $51.63. The stock has a market cap of $38.72 billion, a P/E ratio of 26.59 and a beta of 0.88. The stock’s 50-day moving average price is $49.76 and its two-hundred day moving average price is $48.39.

Capital Group Dividend Value ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, October 1st. Investors of record on Wednesday, September 30th were given a $0.1522 dividend. The ex-dividend date was Wednesday, September 30th. This represents a $0.61 dividend on an annualized basis and a dividend yield of 1.2%. This is a positive change from Capital Group Dividend Value ETF’s previous quarterly dividend of $0.1471.

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. CGDV was launched on Feb 22, 2022 and is managed by Capital Group.