51,555 Shares in Capital Group Dividend Value ETF $CGDV Purchased by M Holdings Securities Inc.

M Holdings Securities Inc. bought a new position in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 51,555 shares of the company’s stock, valued at approximately $2,250,000.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Armstrong Fleming & Moore Inc grew its position in Capital Group Dividend Value ETF by 22.0% during the fourth quarter. Armstrong Fleming & Moore Inc now owns 250,179 shares of the company’s stock worth $10,918,000 after buying an additional 45,077 shares in the last quarter. Cozad Asset Management Inc. grew its position in Capital Group Dividend Value ETF by 116.8% during the third quarter. Cozad Asset Management Inc. now owns 179,357 shares of the company’s stock worth $7,538,000 after buying an additional 96,612 shares in the last quarter. Kaizen Financial Strategies grew its position in Capital Group Dividend Value ETF by 5.0% during the fourth quarter. Kaizen Financial Strategies now owns 304,926 shares of the company’s stock worth $13,307,000 after buying an additional 14,641 shares in the last quarter. Mason Investment Advisory Services Inc. grew its position in Capital Group Dividend Value ETF by 7.3% during the third quarter. Mason Investment Advisory Services Inc. now owns 476,407 shares of the company’s stock worth $20,023,000 after buying an additional 32,420 shares in the last quarter. Finally, AA Financial Advisors LLC grew its position in Capital Group Dividend Value ETF by 4.5% during the fourth quarter. AA Financial Advisors LLC now owns 755,250 shares of the company’s stock worth $32,959,000 after buying an additional 32,219 shares in the last quarter.

Capital Group Dividend Value ETF Stock Down 1.8%

Capital Group Dividend Value ETF stock opened at $47.27 on Thursday. Capital Group Dividend Value ETF has a 52 week low of $38.00 and a 52 week high of $49.10. The business has a 50-day simple moving average of $46.51 and a 200 day simple moving average of $45.01. The stock has a market cap of $34.09 billion, a price-to-earnings ratio of 26.59 and a beta of 0.89.

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.