Vantus Wealth LLC Takes Position in Capital Group Dividend Value ETF $CGDV

Vantus Wealth LLC purchased a new position in Capital Group Dividend Value ETF (NYSEARCA:CGDV) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 12,543 shares of the company’s stock, valued at approximately $547,000.

A number of other large investors also recently modified their holdings of CGDV. Axxcess Wealth Management LLC boosted its position in shares of Capital Group Dividend Value ETF by 448.9% in the fourth quarter. Axxcess Wealth Management LLC now owns 3,520,015 shares of the company’s stock valued at $153,613,000 after acquiring an additional 2,878,723 shares during the period. Raymond James Financial Inc. boosted its position 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 valued at $929,942,000 after acquiring an additional 2,772,053 shares during the period. Bank of America Corp DE boosted its position 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 valued at $666,951,000 after acquiring an additional 2,688,496 shares during the period. Jones Financial Companies Lllp boosted its position in shares of Capital Group Dividend Value ETF by 39.1% in the third quarter. Jones Financial Companies Lllp now owns 7,854,486 shares of the company’s stock valued at $328,634,000 after acquiring an additional 2,208,093 shares during the period. Finally, Northwestern Mutual Wealth Management Co. boosted its position 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 valued at $818,465,000 after acquiring an additional 2,061,385 shares during the period.

Capital Group Dividend Value ETF Trading Up 0.5%

CGDV stock opened at $48.75 on Tuesday. The firm has a 50 day moving average of $45.70 and a 200-day moving average of $44.73. Capital Group Dividend Value ETF has a 12 month low of $36.90 and a 12 month high of $48.85. The firm has a market capitalization of $35.16 billion, a P/E ratio of 26.59 and a beta of 0.89.

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.