Keenan LLC Buys New Stake in Capital Group Dividend Value ETF $CGDV

Keenan LLC bought a new stake in Capital Group Dividend Value ETF (NYSEARCA:CGDV) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm bought 193,434 shares of the company’s stock, valued at approximately $8,441,000. Capital Group Dividend Value ETF makes up about 7.4% of Keenan LLC’s portfolio, making the stock its 4th largest holding.

Other institutional investors and hedge funds have also bought and sold shares of the company. NWF Advisory Services Inc. increased its position in shares of Capital Group Dividend Value ETF by 3.1% during the fourth quarter. NWF Advisory Services Inc. now owns 12,927 shares of the company’s stock worth $564,000 after purchasing an additional 388 shares in the last quarter. Clearwave Capital LLC purchased a new stake in shares of Capital Group Dividend Value ETF during the 4th quarter valued at $704,000. Strategic Investment Solutions Inc. IL boosted its position in shares of Capital Group Dividend Value ETF by 24.0% in the 4th quarter. Strategic Investment Solutions Inc. IL now owns 24,484 shares of the company’s stock worth $1,069,000 after purchasing an additional 4,742 shares in the last quarter. OakTrust Wealth Advisors LLC acquired a new stake in shares of Capital Group Dividend Value ETF in the 4th quarter worth $961,000. Finally, Anchor Investment Management LLC grew its stake in Capital Group Dividend Value ETF by 34.3% during the 4th quarter. Anchor Investment Management LLC now owns 16,698 shares of the company’s stock worth $729,000 after buying an additional 4,263 shares during the last quarter.

Capital Group Dividend Value ETF Price Performance

Shares of NYSEARCA:CGDV opened at $48.99 on Friday. The business’s 50-day moving average is $47.32 and its 200 day moving average is $45.26. Capital Group Dividend Value ETF has a 1 year low of $38.00 and a 1 year high of $49.43. The firm has a market capitalization of $35.33 billion, a P/E ratio of 26.59 and a beta of 0.89.

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.