OakTrust Wealth Advisors LLC Invests $961,000 in Capital Group Dividend Value ETF $CGDV

OakTrust Wealth Advisors LLC acquired a new stake in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor acquired 22,029 shares of the company’s stock, valued at approximately $961,000. Capital Group Dividend Value ETF comprises approximately 0.9% of OakTrust Wealth Advisors LLC’s investment portfolio, making the stock its 22nd biggest position.

A number of other large investors also recently modified their holdings of CGDV. Clark Capital Management Group Inc. lifted its position in Capital Group Dividend Value ETF by 2.4% in the 3rd quarter. Clark Capital Management Group Inc. now owns 9,984 shares of the company’s stock worth $420,000 after buying an additional 238 shares during the last quarter. Cim LLC grew its position in Capital Group Dividend Value ETF by 2.3% during the third quarter. Cim LLC now owns 11,280 shares of the company’s stock valued at $474,000 after acquiring an additional 250 shares during the last quarter. Ameriprise Financial Inc. grew its position in Capital Group Dividend Value ETF by 1.7% during the second quarter. Ameriprise Financial Inc. now owns 16,080 shares of the company’s stock valued at $635,000 after acquiring an additional 263 shares during the last quarter. OneAscent Financial Services LLC raised its stake in shares of Capital Group Dividend Value ETF by 0.7% during the fourth quarter. OneAscent Financial Services LLC now owns 43,691 shares of the company’s stock worth $1,907,000 after acquiring an additional 294 shares in the last quarter. Finally, Prospect Financial Services LLC boosted its stake in shares of Capital Group Dividend Value ETF by 2.5% in the 4th quarter. Prospect Financial Services LLC now owns 12,925 shares of the company’s stock valued at $564,000 after purchasing an additional 312 shares in the last quarter.

Capital Group Dividend Value ETF Stock Performance

CGDV stock opened at $48.99 on Friday. The firm has a market cap of $35.33 billion, a P/E ratio of 26.59 and a beta of 0.89. The firm’s fifty day moving average is $47.23 and its 200 day moving average is $45.24. Capital Group Dividend Value ETF has a 52 week low of $38.00 and a 52 week high of $49.43.

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.