JPMorgan Chase & Co. Grows Stock Holdings in Capital Group Dividend Value ETF $CGDV

JPMorgan Chase & Co. lifted its holdings in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 42.3% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 282,103 shares of the company’s stock after acquiring an additional 83,790 shares during the period. JPMorgan Chase & Co.’s holdings in Capital Group Dividend Value ETF were worth $11,857,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Triumph Capital Management acquired a new position in shares of Capital Group Dividend Value ETF during the 3rd quarter valued at $32,000. MassMutual Private Wealth & Trust FSB increased its holdings in Capital Group Dividend Value ETF by 38,200.0% in the 3rd quarter. MassMutual Private Wealth & Trust FSB now owns 1,149 shares of the company’s stock valued at $48,000 after purchasing an additional 1,146 shares in the last quarter. Huntington National Bank purchased a new position in Capital Group Dividend Value ETF in the third quarter valued at about $49,000. Banco de Sabadell S.A purchased a new position in Capital Group Dividend Value ETF in the second quarter valued at about $47,000. Finally, CENTRAL TRUST Co acquired a new position in shares of Capital Group Dividend Value ETF during the third quarter worth about $52,000.

Capital Group Dividend Value ETF Price Performance

Shares of NYSEARCA CGDV opened at $41.70 on Friday. Capital Group Dividend Value ETF has a 1-year low of $30.94 and a 1-year high of $46.01. The company has a market capitalization of $26.63 billion, a price-to-earnings ratio of 26.59 and a beta of 0.89. The business has a 50-day moving average of $44.57 and a 200-day moving average of $43.52.

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.