Keenan LLC Invests $8.44 Million in Capital Group Dividend Value ETF $CGDV

Keenan LLC purchased a new stake in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 193,434 shares of the company’s stock, valued at approximately $8,441,000. Capital Group Dividend Value ETF makes up about 7.4% of Keenan LLC’s portfolio, making the stock its 4th largest position.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. NWF Advisory Services Inc. boosted its holdings in shares of Capital Group Dividend Value ETF by 3.1% in the fourth quarter. NWF Advisory Services Inc. now owns 12,927 shares of the company’s stock valued at $564,000 after purchasing an additional 388 shares during the period. Clearwave Capital LLC purchased a new position in Capital Group Dividend Value ETF during the 4th quarter worth $704,000. Strategic Investment Solutions Inc. IL increased its holdings in Capital Group Dividend Value ETF by 24.0% during the 4th quarter. Strategic Investment Solutions Inc. IL now owns 24,484 shares of the company’s stock worth $1,069,000 after purchasing an additional 4,742 shares during the period. OakTrust Wealth Advisors LLC purchased a new position in Capital Group Dividend Value ETF during the 4th quarter worth $961,000. Finally, Anchor Investment Management LLC raised its position in Capital Group Dividend Value ETF by 34.3% during the 4th quarter. Anchor Investment Management LLC now owns 16,698 shares of the company’s stock valued at $729,000 after purchasing an additional 4,263 shares in the last quarter.

Capital Group Dividend Value ETF Price Performance

Shares of NYSEARCA CGDV opened at $48.99 on Friday. Capital Group Dividend Value ETF has a twelve month low of $38.00 and a twelve month high of $49.43. The firm has a market cap of $35.33 billion, a PE ratio of 26.59 and a beta of 0.89. The business has a fifty day simple moving average of $47.32 and a two-hundred day simple moving average of $45.26.

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.