HBW Advisory Services LLC Buys 23,617 Shares of Capital Group Dividend Value ETF $CGDV

HBW Advisory Services LLC increased its stake in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 26.6% during the first quarter, according to its most recent filing with the SEC. The institutional investor owned 112,309 shares of the company’s stock after purchasing an additional 23,617 shares during the period. HBW Advisory Services LLC’s holdings in Capital Group Dividend Value ETF were worth $4,778,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in CGDV. Pflug Koory LLC bought a new stake in shares of Capital Group Dividend Value ETF during the fourth quarter valued at about $25,000. Triumph Capital Management bought a new position in shares of Capital Group Dividend Value ETF in the third quarter valued at approximately $32,000. Bay Harbor Wealth Management LLC purchased a new stake in Capital Group Dividend Value ETF in the 4th quarter worth approximately $32,000. Tucker Asset Management LLC purchased a new stake in Capital Group Dividend Value ETF in the 4th quarter worth approximately $32,000. Finally, Flagship Wealth Advisors LLC purchased a new stake in Capital Group Dividend Value ETF in the 4th quarter worth approximately $32,000.

Capital Group Dividend Value ETF Price Performance

Shares of NYSEARCA:CGDV opened at $49.06 on Tuesday. The firm has a fifty day moving average price of $48.37 and a two-hundred day moving average price of $45.88. The company has a market cap of $36.56 billion, a price-to-earnings ratio of 26.59 and a beta of 0.88. Capital Group Dividend Value ETF has a one year low of $39.87 and a one year high of $49.55.

Capital Group Dividend Value ETF 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.