RFG Advisory LLC trimmed its position in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV – Free Report) by 31.7% in the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 294,226 shares of the company’s stock after selling 136,266 shares during the quarter. RFG Advisory LLC’s holdings in Capital Group Dividend Value ETF were worth $12,516,000 as of its most recent filing with the SEC.
Several other hedge funds have also recently added to or reduced their stakes in the company. Pflug Koory LLC acquired a new stake in Capital Group Dividend Value ETF during the 4th quarter worth $25,000. Flagship Wealth Advisors LLC acquired a new stake in shares of Capital Group Dividend Value ETF in the fourth quarter valued at about $32,000. Bay Harbor Wealth Management LLC acquired a new stake in shares of Capital Group Dividend Value ETF in the fourth quarter valued at about $32,000. Tucker Asset Management LLC purchased a new position in shares of Capital Group Dividend Value ETF in the fourth quarter worth about $32,000. Finally, Triumph Capital Management purchased a new position in shares of Capital Group Dividend Value ETF in the third quarter worth about $32,000.
Capital Group Dividend Value ETF Trading Up 0.3%
CGDV opened at $48.50 on Thursday. Capital Group Dividend Value ETF has a twelve month low of $38.81 and a twelve month high of $49.43. The firm has a market capitalization of $34.98 billion, a PE ratio of 26.59 and a beta of 0.89. The firm’s 50-day moving average price is $47.54 and its 200 day moving average price is $45.38.
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. CGDV was launched on Feb 22, 2022 and is managed by Capital Group.
Further Reading
- Five stocks we like better than Capital Group Dividend Value ETF
- Why KB Home Could Reward Patient Investors Later
- Meta’s Internal Turmoil: Morale Nears 20-Year Low at the Wrong Time
- Tesla’s New NHTSA Probe Lands at the Worst Possible Time
- Nano Nuclear’s AI Data Center Deal Puts the Stock Back in Focus
Want to see what other hedge funds are holding CGDV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Capital Group Dividend Value ETF (NYSEARCA:CGDV – Free Report).
Receive News & Ratings for Capital Group Dividend Value ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Capital Group Dividend Value ETF and related companies with MarketBeat.com's FREE daily email newsletter.
