Clarity Retirement & Wealth LLC Purchases Shares of 349,717 Capital Group Dividend Value ETF $CGDV

Clarity Retirement & Wealth LLC purchased a new stake in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) during the 4th quarter, Holdings Channel.com reports. The fund purchased 349,717 shares of the company’s stock, valued at approximately $15,262,000. Capital Group Dividend Value ETF accounts for approximately 13.4% of Clarity Retirement & Wealth LLC’s investment portfolio, making the stock its 2nd largest holding.

Several other large investors have also added to or reduced their stakes in CGDV. LPL Financial LLC raised its position in shares of Capital Group Dividend Value ETF by 20.7% during the fourth quarter. LPL Financial LLC now owns 63,490,640 shares of the company’s stock valued at $2,770,731,000 after buying an additional 10,904,954 shares during the last quarter. Axxcess Wealth Management LLC raised its position in shares of Capital Group Dividend Value ETF by 448.9% during the fourth quarter. Axxcess Wealth Management LLC now owns 3,520,015 shares of the company’s stock valued at $153,613,000 after buying an additional 2,878,723 shares during the last quarter. Raymond James Financial Inc. raised its position in shares of Capital Group Dividend Value ETF by 14.3% during the third quarter. Raymond James Financial Inc. now owns 22,125,677 shares of the company’s stock valued at $929,942,000 after buying an additional 2,772,053 shares during the last quarter. Bank of America Corp DE raised its position in shares of Capital Group Dividend Value ETF by 20.4% during the third quarter. Bank of America Corp DE now owns 15,868,443 shares of the company’s stock valued at $666,951,000 after buying an additional 2,688,496 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. raised its position in shares of Capital Group Dividend Value ETF by 12.3% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 18,754,937 shares of the company’s stock valued at $818,465,000 after buying an additional 2,061,385 shares during the last quarter.

Capital Group Dividend Value ETF Price Performance

Capital Group Dividend Value ETF stock opened at $47.94 on Tuesday. The stock has a market cap of $34.57 billion, a P/E ratio of 26.59 and a beta of 0.89. Capital Group Dividend Value ETF has a 1 year low of $38.00 and a 1 year high of $49.10. The firm’s 50 day moving average price is $46.27 and its 200-day moving average price is $44.93.

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.