Capital Group Dividend Value ETF $CGDV Shares Purchased by WCG Wealth Advisors LLC

WCG Wealth Advisors LLC raised its position in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 177.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 68,043 shares of the company’s stock after acquiring an additional 43,542 shares during the quarter. WCG Wealth Advisors LLC’s holdings in Capital Group Dividend Value ETF were worth $2,969,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in the stock. Axxcess Wealth Management LLC lifted its stake in Capital Group Dividend Value ETF by 448.9% during the fourth quarter. Axxcess Wealth Management LLC now owns 3,520,015 shares of the company’s stock worth $153,613,000 after purchasing an additional 2,878,723 shares during the last quarter. Raymond James Financial Inc. lifted its stake in Capital Group Dividend Value ETF by 14.3% during the third quarter. Raymond James Financial Inc. now owns 22,125,677 shares of the company’s stock worth $929,942,000 after purchasing an additional 2,772,053 shares during the last quarter. Bank of America Corp DE lifted its stake in Capital Group Dividend Value ETF by 20.4% during the third quarter. Bank of America Corp DE now owns 15,868,443 shares of the company’s stock worth $666,951,000 after purchasing an additional 2,688,496 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its stake in Capital Group Dividend Value ETF by 12.3% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 18,754,937 shares of the company’s stock worth $818,465,000 after purchasing an additional 2,061,385 shares during the last quarter. Finally, Mainstay Capital Management LLC ADV bought a new position in Capital Group Dividend Value ETF during the third quarter worth $70,987,000.

Capital Group Dividend Value ETF Price Performance

Shares of CGDV opened at $49.03 on Friday. The business’s fifty day moving average price is $46.07 and its 200 day moving average price is $44.85. Capital Group Dividend Value ETF has a 12-month low of $37.74 and a 12-month high of $49.10. The stock has a market capitalization of $35.36 billion, a PE ratio of 26.59 and a beta of 0.89.

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.