Diversify Wealth Management LLC grew its position in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV – Free Report) by 188.5% during the 1st quarter, Holdings Channel.com reports. The firm owned 210,505 shares of the company’s stock after purchasing an additional 137,534 shares during the quarter. Diversify Wealth Management LLC’s holdings in Capital Group Dividend Value ETF were worth $9,673,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also modified their holdings of CGDV. Pflug Koory LLC acquired a new stake in Capital Group Dividend Value ETF during the fourth quarter worth approximately $25,000. Triumph Capital Management acquired a new position in Capital Group Dividend Value ETF in the 3rd quarter valued at $32,000. Bay Harbor Wealth Management LLC purchased a new position in shares of Capital Group Dividend Value ETF during the 4th quarter worth $32,000. Tucker Asset Management LLC acquired a new stake in shares of Capital Group Dividend Value ETF during the fourth quarter worth $32,000. Finally, Flagship Wealth Advisors LLC purchased a new stake in shares of Capital Group Dividend Value ETF in the fourth quarter valued at $32,000.
Capital Group Dividend Value ETF Stock Performance
NYSEARCA CGDV traded up $0.36 during trading hours on Friday, hitting $49.50. 3,411,637 shares of the company’s stock were exchanged, compared to its average volume of 4,542,946. The business’s 50 day moving average is $48.32 and its 200-day moving average is $45.83. Capital Group Dividend Value ETF has a 12-month low of $39.87 and a 12-month high of $49.55. The firm has a market capitalization of $36.89 billion, a P/E ratio of 26.59 and a beta of 0.88.
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.
Featured Stories
- Five stocks we like better than Capital Group Dividend Value ETF
- Microsoft Bets on In-House AI to Cut OpenAI and Anthropic Costs
- Delta Air Lines Lives Up to Its Claims: Shares Can Keep Climbing
- This Dividend ETF Choice Could Shape Your Income Strategy Through 2026
- Why “Big Short” Investor Michael Burry Sees Upside in Beaten-Down Sportbook Stocks
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.
