Nations Financial Group Inc. IA ADV Raises Position in Capital Group Dividend Value ETF $CGDV

Nations Financial Group Inc. IA ADV boosted its position in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 10.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 294,118 shares of the company’s stock after acquiring an additional 28,396 shares during the quarter. Capital Group Dividend Value ETF accounts for approximately 0.7% of Nations Financial Group Inc. IA ADV’s portfolio, making the stock its 23rd largest holding. Nations Financial Group Inc. IA ADV’s holdings in Capital Group Dividend Value ETF were worth $12,835,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in CGDV. PFG Investments LLC grew its stake in shares of Capital Group Dividend Value ETF by 34.8% during the fourth quarter. PFG Investments LLC now owns 14,917 shares of the company’s stock valued at $651,000 after buying an additional 3,854 shares during the last quarter. Valmark Advisers Inc. grew its stake in shares of Capital Group Dividend Value ETF by 12.5% during the fourth quarter. Valmark Advisers Inc. now owns 1,061,204 shares of the company’s stock valued at $46,311,000 after buying an additional 117,746 shares during the last quarter. Seamount Financial Group Inc. grew its stake in shares of Capital Group Dividend Value ETF by 8.7% during the fourth quarter. Seamount Financial Group Inc. now owns 225,819 shares of the company’s stock valued at $9,855,000 after buying an additional 18,062 shares during the last quarter. Code Waechter LLC lifted its stake in Capital Group Dividend Value ETF by 2.8% in the fourth quarter. Code Waechter LLC now owns 296,062 shares of the company’s stock worth $12,920,000 after acquiring an additional 8,166 shares during the period. Finally, Farther Finance Advisors LLC lifted its stake in Capital Group Dividend Value ETF by 113.2% in the fourth quarter. Farther Finance Advisors LLC now owns 86,623 shares of the company’s stock worth $3,780,000 after acquiring an additional 46,000 shares during the period.

Capital Group Dividend Value ETF Price Performance

Shares of CGDV opened at $45.38 on Thursday. Capital Group Dividend Value ETF has a one year low of $32.51 and a one year high of $46.01. The company has a 50-day simple moving average of $44.33 and a two-hundred day simple moving average of $43.69. The firm has a market capitalization of $30.80 billion, a PE ratio of 26.59 and a beta of 0.90.

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.