Expressive Wealth LLC Takes Position in Capital Group Dividend Value ETF $CGDV

Expressive Wealth LLC bought a new stake in Capital Group Dividend Value ETF (NYSEARCA:CGDV) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 89,216 shares of the company’s stock, valued at approximately $3,893,000. Capital Group Dividend Value ETF accounts for approximately 4.2% of Expressive Wealth LLC’s investment portfolio, making the stock its 3rd largest position.

Other large investors also recently made changes to their positions in the company. Lincoln Capital LLC boosted its position in Capital Group Dividend Value ETF by 1.4% during the third quarter. Lincoln Capital LLC now owns 16,640 shares of the company’s stock worth $705,000 after purchasing an additional 235 shares during the period. Clark Capital Management Group Inc. boosted its position in Capital Group Dividend Value ETF by 2.4% during the third quarter. Clark Capital Management Group Inc. now owns 9,984 shares of the company’s stock worth $420,000 after purchasing an additional 238 shares during the period. Cim LLC boosted 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 worth $474,000 after purchasing an additional 250 shares during the period. GPS Wealth Strategies Group LLC boosted its position in Capital Group Dividend Value ETF by 2.0% during the third quarter. GPS Wealth Strategies Group LLC now owns 13,083 shares of the company’s stock worth $550,000 after purchasing an additional 252 shares during the period. Finally, Ameriprise Financial Inc. boosted 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 worth $635,000 after purchasing an additional 263 shares during the period.

Capital Group Dividend Value ETF Trading Up 0.5%

CGDV opened at $48.20 on Wednesday. Capital Group Dividend Value ETF has a 1-year low of $36.68 and a 1-year high of $48.49. The stock has a market capitalization of $34.76 billion, a price-to-earnings ratio of 26.59 and a beta of 0.89. The business has a 50 day moving average of $45.30 and a 200-day moving average of $44.57.

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.