SFG Wealth Management LLC. Acquires Shares of 18,110 Capital Group Dividend Value ETF $CGDV

SFG Wealth Management LLC. bought a new position in Capital Group Dividend Value ETF (NYSEARCA:CGDV) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 18,110 shares of the company’s stock, valued at approximately $790,000.

Other institutional investors have also modified their holdings of the company. Pflug Koory LLC bought a new stake in Capital Group Dividend Value ETF during the 4th quarter valued at $25,000. Bay Harbor Wealth Management LLC bought a new stake in shares of Capital Group Dividend Value ETF in the 4th quarter valued at about $32,000. Triumph Capital Management bought a new position in Capital Group Dividend Value ETF in the third quarter worth approximately $32,000. CoreCap Advisors LLC lifted its holdings in Capital Group Dividend Value ETF by 93.8% during the fourth quarter. CoreCap Advisors LLC now owns 849 shares of the company’s stock worth $37,000 after buying an additional 411 shares during the period. Finally, MassMutual Private Wealth & Trust FSB increased its holdings in shares of 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 acquiring an additional 1,146 shares during the period.

Capital Group Dividend Value ETF Price Performance

Shares of NYSEARCA CGDV opened at $47.45 on Thursday. The stock has a market capitalization of $34.22 billion, a P/E ratio of 26.59 and a beta of 0.89. The business has a fifty day moving average price of $44.51 and a 200 day moving average price of $44.07. Capital Group Dividend Value ETF has a 1-year low of $35.20 and a 1-year high of $47.51.

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.