Capital Group Dividend Value ETF (NYSEARCA:CGDV) Position Increased by National Wealth Management Group LLC

National Wealth Management Group LLC increased its stake in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 2.1% during the 4th quarter, HoldingsChannel reports. The firm owned 16,354 shares of the company’s stock after acquiring an additional 329 shares during the period. National Wealth Management Group LLC’s holdings in Capital Group Dividend Value ETF were worth $577,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Northwest Financial Advisors grew its holdings in Capital Group Dividend Value ETF by 35.7% in the 4th quarter. Northwest Financial Advisors now owns 35,037 shares of the company’s stock worth $1,235,000 after buying an additional 9,227 shares in the last quarter. Litman Gregory Wealth Management LLC raised its holdings in shares of Capital Group Dividend Value ETF by 3.7% during the fourth quarter. Litman Gregory Wealth Management LLC now owns 36,827 shares of the company’s stock valued at $1,299,000 after acquiring an additional 1,327 shares during the period. Stephens Inc. AR purchased a new stake in shares of Capital Group Dividend Value ETF in the fourth quarter valued at $247,000. Trilogy Capital Inc. boosted its position in Capital Group Dividend Value ETF by 5.0% during the 4th quarter. Trilogy Capital Inc. now owns 22,718 shares of the company’s stock worth $801,000 after acquiring an additional 1,083 shares during the period. Finally, Cerity Partners LLC lifted its position in Capital Group Dividend Value ETF by 15.0% in the 3rd quarter. Cerity Partners LLC now owns 62,822 shares of the company’s stock worth $2,289,000 after buying an additional 8,203 shares in the last quarter.

Capital Group Dividend Value ETF Stock Performance

NYSEARCA:CGDV opened at $35.64 on Tuesday. Capital Group Dividend Value ETF has a 52 week low of $31.03 and a 52 week high of $37.38. The stock’s 50 day moving average price is $36.53 and its 200 day moving average price is $36.33. The company has a market capitalization of $14.12 billion, a P/E ratio of 24.80 and a beta of 0.90.

Capital Group Dividend Value ETF Announces Dividend

The business also recently declared a dividend, which will be paid on Tuesday, April 1st. Stockholders of record on Monday, March 31st will be paid a dividend of $0.1067 per share. The ex-dividend date is Monday, March 31st.

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.