Kestra Investment Management LLC grew its position in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV – Free Report) by 13.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,045,637 shares of the company’s stock after purchasing an additional 240,184 shares during the period. Capital Group Dividend Value ETF makes up about 2.2% of Kestra Investment Management LLC’s holdings, making the stock its 11th largest holding. Kestra Investment Management LLC owned about 0.32% of Capital Group Dividend Value ETF worth $89,272,000 at the end of the most recent reporting period.
Other large investors also recently added to or reduced their stakes in the company. Armstrong Fleming & Moore Inc lifted its stake in Capital Group Dividend Value ETF by 22.0% during the fourth quarter. Armstrong Fleming & Moore Inc now owns 250,179 shares of the company’s stock worth $10,918,000 after purchasing an additional 45,077 shares in the last quarter. Cozad Asset Management Inc. lifted its stake in Capital Group Dividend Value ETF by 116.8% during the third quarter. Cozad Asset Management Inc. now owns 179,357 shares of the company’s stock worth $7,538,000 after purchasing an additional 96,612 shares in the last quarter. Kaizen Financial Strategies lifted its stake in Capital Group Dividend Value ETF by 5.0% during the fourth quarter. Kaizen Financial Strategies now owns 304,926 shares of the company’s stock worth $13,307,000 after purchasing an additional 14,641 shares in the last quarter. AA Financial Advisors LLC raised its stake in shares of Capital Group Dividend Value ETF by 4.5% in the fourth quarter. AA Financial Advisors LLC now owns 755,250 shares of the company’s stock valued at $32,959,000 after acquiring an additional 32,219 shares in the last quarter. Finally, Mason Investment Advisory Services Inc. raised its stake in shares of Capital Group Dividend Value ETF by 7.3% in the third quarter. Mason Investment Advisory Services Inc. now owns 476,407 shares of the company’s stock valued at $20,023,000 after acquiring an additional 32,420 shares in the last quarter.
Capital Group Dividend Value ETF Stock Performance
Shares of NYSEARCA CGDV opened at $47.98 on Tuesday. The stock has a market cap of $34.60 billion, a P/E ratio of 26.59 and a beta of 0.89. Capital Group Dividend Value ETF has a 12-month low of $36.10 and a 12-month high of $48.49. The business’s fifty day simple moving average is $45.21 and its 200-day simple moving average is $44.53.
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.
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