Independent Wealth Network Inc. bought a new position in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV – Free Report) during the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 27,408 shares of the company’s stock, valued at approximately $1,166,000.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in CGDV. Armstrong Fleming & Moore Inc boosted its holdings in shares of Capital Group Dividend Value ETF by 22.0% in the fourth quarter. Armstrong Fleming & Moore Inc now owns 250,179 shares of the company’s stock valued at $10,918,000 after buying an additional 45,077 shares during the period. Mason Investment Advisory Services Inc. raised its holdings in shares of Capital Group Dividend Value ETF by 7.3% during the third quarter. Mason Investment Advisory Services Inc. now owns 476,407 shares of the company’s stock worth $20,023,000 after acquiring an additional 32,420 shares during the period. Kaizen Financial Strategies raised its holdings in shares of 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 acquiring an additional 14,641 shares during the period. AA Financial Advisors LLC lifted its position in Capital Group Dividend Value ETF by 4.5% in the 4th 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, Richards Merrill & Peterson Inc. lifted its position in Capital Group Dividend Value ETF by 72.6% in the 1st quarter. Richards Merrill & Peterson Inc. now owns 59,315 shares of the company’s stock valued at $2,523,000 after acquiring an additional 24,945 shares in the last quarter.
Capital Group Dividend Value ETF Trading Up 0.6%
Shares of NYSEARCA CGDV opened at $48.77 on Friday. The firm has a market cap of $35.17 billion, a PE ratio of 26.59 and a beta of 0.89. Capital Group Dividend Value ETF has a 1-year low of $39.04 and a 1-year high of $49.43. The company has a fifty day moving average price of $47.61 and a 200 day moving average price of $45.42.
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.
Featured Articles
- Five stocks we like better than Capital Group Dividend Value ETF
- MDA Space Targets US Defense Market With $620M Acquisition
- Carnival’s Second Quarter: Is the Stock Still Complicated?
- Domino’s Stock Slides to 52-Week Low as Investors Digest CEO Change
- Microsoft Solves AI’s Biggest Bottleneck With Chevron Deal
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.
