Rothschild Wealth LLC Makes New Investment in Capital Group Dividend Value ETF $CGDV

Rothschild Wealth LLC acquired a new position in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 287,143 shares of the company’s stock, valued at approximately $12,531,000. Capital Group Dividend Value ETF accounts for 1.2% of Rothschild Wealth LLC’s investment portfolio, making the stock its 16th biggest holding.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Clear Point Advisors Inc. boosted its position in Capital Group Dividend Value ETF by 12.4% during the fourth quarter. Clear Point Advisors Inc. now owns 64,544 shares of the company’s stock worth $2,817,000 after purchasing an additional 7,141 shares during the period. Clear Harbor Asset Management LLC bought a new stake in shares of Capital Group Dividend Value ETF in the fourth quarter valued at about $1,154,000. Essex Financial Services Inc. boosted its position in shares of Capital Group Dividend Value ETF by 9.3% in the fourth quarter. Essex Financial Services Inc. now owns 258,693 shares of the company’s stock valued at $11,289,000 after acquiring an additional 22,038 shares during the period. Founders Financial Securities LLC boosted its position in shares of Capital Group Dividend Value ETF by 19.6% in the fourth quarter. Founders Financial Securities LLC now owns 264,834 shares of the company’s stock valued at $11,557,000 after acquiring an additional 43,342 shares during the period. Finally, Principia Wealth Advisory LLC boosted its position in shares of Capital Group Dividend Value ETF by 53.6% in the fourth quarter. Principia Wealth Advisory LLC now owns 6,091 shares of the company’s stock valued at $266,000 after acquiring an additional 2,126 shares during the period.

Capital Group Dividend Value ETF Stock Performance

Shares of Capital Group Dividend Value ETF stock opened at $48.51 on Monday. The firm has a 50-day moving average of $45.59 and a 200-day moving average of $44.69. The stock has a market cap of $34.99 billion, a PE ratio of 26.59 and a beta of 0.89. Capital Group Dividend Value ETF has a 52-week low of $36.72 and a 52-week high of $48.59.

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.