349,717 Shares in Capital Group Dividend Value ETF $CGDV Acquired by Clarity Retirement & Wealth LLC

Clarity Retirement & Wealth LLC acquired a new position in Capital Group Dividend Value ETF (NYSEARCA:CGDV) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 349,717 shares of the company’s stock, valued at approximately $15,262,000. Capital Group Dividend Value ETF comprises about 13.4% of Clarity Retirement & Wealth LLC’s holdings, making the stock its 2nd biggest holding. Clarity Retirement & Wealth LLC owned 0.05% of Capital Group Dividend Value ETF at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. LPL Financial LLC boosted its holdings in shares of Capital Group Dividend Value ETF by 20.7% in the fourth quarter. LPL Financial LLC now owns 63,490,640 shares of the company’s stock worth $2,770,731,000 after buying an additional 10,904,954 shares during the last quarter. Capital International Investors boosted its holdings in shares of Capital Group Dividend Value ETF by 1.8% in the fourth quarter. Capital International Investors now owns 22,899,119 shares of the company’s stock worth $999,318,000 after buying an additional 397,762 shares during the last quarter. Raymond James Financial Inc. boosted its holdings in shares of Capital Group Dividend Value ETF by 14.3% in the third quarter. Raymond James Financial Inc. now owns 22,125,677 shares of the company’s stock worth $929,942,000 after buying an additional 2,772,053 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Capital Group Dividend Value ETF by 12.3% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 18,754,937 shares of the company’s stock worth $818,465,000 after buying an additional 2,061,385 shares during the last quarter. Finally, Bank of America Corp DE boosted its holdings in shares of Capital Group Dividend Value ETF by 20.4% in the third quarter. Bank of America Corp DE now owns 15,868,443 shares of the company’s stock worth $666,951,000 after buying an additional 2,688,496 shares during the last quarter.

Capital Group Dividend Value ETF Price Performance

Shares of NYSEARCA:CGDV opened at $47.94 on Tuesday. Capital Group Dividend Value ETF has a 1-year low of $38.00 and a 1-year high of $49.10. The company has a market capitalization of $34.57 billion, a P/E ratio of 26.59 and a beta of 0.89. The firm’s 50 day simple moving average is $46.27 and its two-hundred day simple moving average is $44.93.

About Capital Group Dividend Value ETF

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.