January Capital Advisors LLC purchased a new position in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV – Free Report) during the 1st quarter, HoldingsChannel reports. The institutional investor purchased 18,502 shares of the company’s stock, valued at approximately $787,000. Capital Group Dividend Value ETF comprises about 1.1% of January Capital Advisors LLC’s investment portfolio, making the stock its 21st biggest position.
Other large investors have also bought and sold shares of the company. Pflug Koory LLC bought a new stake in Capital Group Dividend Value ETF in the fourth quarter valued at approximately $25,000. Bay Harbor Wealth Management LLC bought a new position in shares of Capital Group Dividend Value ETF in the fourth quarter worth approximately $32,000. Tucker Asset Management LLC bought a new position in shares of Capital Group Dividend Value ETF in the fourth quarter worth approximately $32,000. Flagship Wealth Advisors LLC purchased a new position in shares of Capital Group Dividend Value ETF in the fourth quarter worth $32,000. Finally, Triumph Capital Management purchased a new position in shares of Capital Group Dividend Value ETF in the third quarter worth $32,000.
Capital Group Dividend Value ETF Stock Up 1.6%
NYSEARCA:CGDV opened at $49.23 on Friday. The company has a fifty day moving average of $48.74 and a 200 day moving average of $46.33. Capital Group Dividend Value ETF has a 52 week low of $39.87 and a 52 week high of $49.55. The firm has a market capitalization of $37.05 billion, a P/E ratio of 26.59 and a beta of 0.88.
Capital Group Dividend Value ETF Company 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.
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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).
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