Onyx Bridge Wealth Group LLC Acquires 33,764 Shares of Capital Group Dividend Value ETF $CGDV

Onyx Bridge Wealth Group LLC increased its holdings in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 5.8% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 616,693 shares of the company’s stock after purchasing an additional 33,764 shares during the quarter. Capital Group Dividend Value ETF makes up 2.8% of Onyx Bridge Wealth Group LLC’s investment portfolio, making the stock its 3rd biggest holding. Onyx Bridge Wealth Group LLC owned approximately 0.09% of Capital Group Dividend Value ETF worth $26,245,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Pflug Koory LLC bought a new stake in shares of Capital Group Dividend Value ETF in the 4th quarter valued at about $25,000. Triumph Capital Management acquired a new stake in shares of Capital Group Dividend Value ETF in the third quarter valued at about $32,000. Bay Harbor Wealth Management LLC acquired a new stake in shares of Capital Group Dividend Value ETF in the fourth quarter valued at about $32,000. Tucker Asset Management LLC bought a new position in shares of Capital Group Dividend Value ETF during the fourth quarter worth about $32,000. Finally, Flagship Wealth Advisors LLC bought a new position in shares of Capital Group Dividend Value ETF during the fourth quarter worth about $32,000.

Capital Group Dividend Value ETF Price Performance

Capital Group Dividend Value ETF stock opened at $48.49 on Friday. The stock’s 50 day moving average is $47.67 and its 200 day moving average is $45.44. Capital Group Dividend Value ETF has a one year low of $39.23 and a one year high of $49.43. The firm has a market cap of $34.97 billion, a P/E 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.