Mission Wealth Management LP increased its position in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV – Free Report) by 91.5% during the fourth quarter, Holdings Channel.com reports. The fund owned 459,715 shares of the company’s stock after acquiring an additional 219,680 shares during the quarter. Mission Wealth Management LP’s holdings in Capital Group Dividend Value ETF were worth $20,062,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also modified their holdings of CGDV. Pflug Koory LLC acquired a new position in shares of Capital Group Dividend Value ETF in the 4th quarter valued at $25,000. Triumph Capital Management acquired a new stake in shares of Capital Group Dividend Value ETF during the 3rd quarter valued at about $32,000. Bay Harbor Wealth Management LLC bought a new position in shares of Capital Group Dividend Value ETF in the 4th quarter valued at approximately $32,000. CoreCap Advisors LLC raised its stake in shares of Capital Group Dividend Value ETF by 93.8% in the 4th quarter. CoreCap Advisors LLC now owns 849 shares of the company’s stock valued at $37,000 after acquiring an additional 411 shares in the last quarter. Finally, Huntington National Bank bought a new position in shares of Capital Group Dividend Value ETF in the 3rd quarter valued at approximately $49,000.
Capital Group Dividend Value ETF Stock Performance
Shares of CGDV stock opened at $47.82 on Monday. The stock’s 50 day simple moving average is $44.80 and its 200 day simple moving average is $44.32. The company has a market capitalization of $34.49 billion, a price-to-earnings ratio of 26.59 and a beta of 0.89. Capital Group Dividend Value ETF has a twelve month low of $36.10 and a twelve month high of $48.49.
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.
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Want to see what other hedge funds are holding CGDV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Capital Group Dividend Value ETF (NYSEARCA:CGDV – Free Report).
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