M Holdings Securities Inc. Buys Shares of 51,555 Capital Group Dividend Value ETF $CGDV

M Holdings Securities Inc. bought a new stake in Capital Group Dividend Value ETF (NYSEARCA:CGDV) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 51,555 shares of the company’s stock, valued at approximately $2,250,000.

Other hedge funds have also recently made changes to their positions in the company. Armstrong Fleming & Moore Inc raised its stake in shares of Capital Group Dividend Value ETF by 22.0% during the 4th 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 during the period. Cozad Asset Management Inc. raised its stake in shares of Capital Group Dividend Value ETF by 116.8% during the 3rd quarter. Cozad Asset Management Inc. now owns 179,357 shares of the company’s stock valued at $7,538,000 after purchasing an additional 96,612 shares during the period. Kaizen Financial Strategies raised its stake in shares of Capital Group Dividend Value ETF by 5.0% during the 4th quarter. Kaizen Financial Strategies now owns 304,926 shares of the company’s stock valued at $13,307,000 after purchasing an additional 14,641 shares during the period. Mason Investment Advisory Services Inc. raised its stake in shares of Capital Group Dividend Value ETF by 7.3% during the 3rd quarter. Mason Investment Advisory Services Inc. now owns 476,407 shares of the company’s stock valued at $20,023,000 after purchasing an additional 32,420 shares during the period. Finally, AA Financial Advisors LLC raised its stake 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 valued at $32,959,000 after purchasing an additional 32,219 shares during the period.

Capital Group Dividend Value ETF Stock Performance

NYSEARCA:CGDV opened at $47.27 on Thursday. Capital Group Dividend Value ETF has a 52-week low of $38.00 and a 52-week high of $49.10. The firm has a market cap of $34.09 billion, a price-to-earnings ratio of 26.59 and a beta of 0.89. The business’s fifty day moving average is $46.51 and its 200 day moving average is $45.01.

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.