Signature Estate & Investment Advisors LLC raised its stake in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV – Free Report) by 4.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 243,850 shares of the company’s stock after purchasing an additional 11,233 shares during the period. Signature Estate & Investment Advisors LLC’s holdings in Capital Group Dividend Value ETF were worth $10,642,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Pflug Koory LLC acquired a new position in Capital Group Dividend Value ETF during the fourth quarter valued at approximately $25,000. Triumph Capital Management acquired a new position in Capital Group Dividend Value ETF during the third quarter valued at approximately $32,000. Bay Harbor Wealth Management LLC acquired a new position in Capital Group Dividend Value ETF during the fourth quarter valued at approximately $32,000. Tucker Asset Management LLC acquired a new position in Capital Group Dividend Value ETF during the fourth quarter valued at approximately $32,000. Finally, CoreCap Advisors LLC grew its holdings in Capital Group Dividend Value ETF by 93.8% during the fourth quarter. CoreCap Advisors LLC now owns 849 shares of the company’s stock valued at $37,000 after purchasing an additional 411 shares during the last quarter.
Capital Group Dividend Value ETF Stock Performance
Shares of NYSEARCA:CGDV opened at $47.88 on Friday. The company has a market cap of $34.53 billion, a P/E ratio of 26.59 and a beta of 0.89. The stock’s 50-day moving average is $45.05 and its 200-day moving average is $44.45. Capital Group Dividend Value ETF has a 52-week low of $36.10 and a 52-week high of $48.49.
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.
See Also
- Five stocks we like better than Capital Group Dividend Value ETF
- Meta Platforms 10% Layoff Raises a Bigger Question About AI Spending
- As Small-Cap Outperformance Continues, These 2 ETFs Provide Exposure
- Silicon Shake-Up: The AI Trade Is Moving Beyond NVIDIA
- The Silver Lining of Last Week’s Hims & Hers Earnings Miss
Want to see what other hedge funds are holding CGDV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Capital Group Dividend Value ETF (NYSEARCA:CGDV – Free Report).
Receive News & Ratings for Capital Group Dividend Value ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Capital Group Dividend Value ETF and related companies with MarketBeat.com's FREE daily email newsletter.
