Capital Group Dividend Value ETF $CGDV Shares Purchased by True Blue Financial LLC

True Blue Financial LLC lifted its position in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 15.4% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 94,481 shares of the company’s stock after purchasing an additional 12,619 shares during the quarter. Capital Group Dividend Value ETF makes up about 3.2% of True Blue Financial LLC’s investment portfolio, making the stock its 10th largest position. True Blue Financial LLC’s holdings in Capital Group Dividend Value ETF were worth $4,019,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of CGDV. Armstrong Fleming & Moore Inc boosted its holdings 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 valued at $10,918,000 after purchasing an additional 45,077 shares in the last quarter. Kaizen Financial Strategies raised its holdings in shares of Capital Group Dividend Value ETF by 5.0% in the 4th 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. AA Financial Advisors LLC grew its position in shares of Capital Group Dividend Value ETF by 4.5% during the 4th 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 during the period. Richards Merrill & Peterson Inc. grew its position in shares of Capital Group Dividend Value ETF by 72.6% during the 1st quarter. Richards Merrill & Peterson Inc. now owns 59,315 shares of the company’s stock worth $2,523,000 after buying an additional 24,945 shares during the period. Finally, Stratos Wealth Partners LTD. increased its stake in shares of Capital Group Dividend Value ETF by 49.3% in the 4th quarter. Stratos Wealth Partners LTD. now owns 245,973 shares of the company’s stock valued at $10,734,000 after acquiring an additional 81,269 shares during the last quarter.

Capital Group Dividend Value ETF Price Performance

Shares of NYSEARCA:CGDV opened at $49.09 on Thursday. The company has a market capitalization of $36.53 billion, a price-to-earnings ratio of 26.59 and a beta of 0.88. The firm’s 50 day simple moving average is $47.88 and its 200 day simple moving average is $45.57. Capital Group Dividend Value ETF has a fifty-two week low of $39.50 and a fifty-two week high of $49.43.

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.