Smallwood Wealth Investment Management LLC raised its stake in Capital Group Dividend Value ETF (NYSEARCA:CGDV – Free Report) by 8.6% during the second quarter, Holdings Channel.com reports. The firm owned 141,238 shares of the company’s stock after purchasing an additional 11,243 shares during the quarter. Capital Group Dividend Value ETF accounts for about 3.1% of Smallwood Wealth Investment Management LLC’s portfolio, making the stock its 7th largest position. Smallwood Wealth Investment Management LLC’s holdings in Capital Group Dividend Value ETF were worth $6,960,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also made changes to their positions in CGDV. Rodgers & Associates LTD increased its stake in shares of Capital Group Dividend Value ETF by 89.2% during the second quarter. Rodgers & Associates LTD now owns 16,214 shares of the company’s stock worth $799,000 after buying an additional 7,645 shares during the period. Beacon Financial Advisory LLC lifted its stake in Capital Group Dividend Value ETF by 4.5% in the second quarter. Beacon Financial Advisory LLC now owns 447,338 shares of the company’s stock worth $22,045,000 after acquiring an additional 19,364 shares during the last quarter. Symphony Financial Ltd. Co. lifted its stake in Capital Group Dividend Value ETF by 3.8% in the second quarter. Symphony Financial Ltd. Co. now owns 5,641 shares of the company’s stock worth $278,000 after acquiring an additional 204 shares during the last quarter. Keeler Thomas Management LLC grew its holdings in Capital Group Dividend Value ETF by 136.9% during the 2nd quarter. Keeler Thomas Management LLC now owns 16,130 shares of the company’s stock worth $795,000 after acquiring an additional 9,322 shares in the last quarter. Finally, Avant Capital LLC grew its holdings in Capital Group Dividend Value ETF by 7.0% during the 2nd quarter. Avant Capital LLC now owns 22,999 shares of the company’s stock worth $1,133,000 after acquiring an additional 1,514 shares in the last quarter.
Capital Group Dividend Value ETF Trading Up 0.4%
Shares of NYSEARCA:CGDV opened at $49.73 on Thursday. Capital Group Dividend Value ETF has a 52 week low of $40.93 and a 52 week high of $51.63. The company’s 50 day moving average is $49.72 and its two-hundred day moving average is $47.30. The company has a market cap of $37.72 billion, a PE 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.
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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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