Financial Council LLC Purchases 14,853 Shares of Capital Group Dividend Value ETF $CGDV

Financial Council LLC grew its position in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 26.1% in the 1st quarter, Holdings Channel.com reports. The institutional investor owned 71,826 shares of the company’s stock after purchasing an additional 14,853 shares during the quarter. Capital Group Dividend Value ETF comprises 1.2% of Financial Council LLC’s portfolio, making the stock its 20th biggest holding. Financial Council LLC’s holdings in Capital Group Dividend Value ETF were worth $3,055,000 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 company. AA Financial Advisors LLC boosted its position in shares of Capital Group Dividend Value ETF by 6.4% during the 1st quarter. AA Financial Advisors LLC now owns 803,430 shares of the company’s stock worth $34,178,000 after acquiring an additional 48,180 shares in the last quarter. Independent Wealth Network Inc. bought a new stake in Capital Group Dividend Value ETF during the first quarter worth $1,166,000. Silver Oak Securities Incorporated lifted its stake in Capital Group Dividend Value ETF by 6.4% during the first quarter. Silver Oak Securities Incorporated now owns 646,719 shares of the company’s stock worth $27,511,000 after purchasing an additional 38,754 shares during the last quarter. Kestra Private Wealth Services LLC boosted its holdings in shares of Capital Group Dividend Value ETF by 4.8% in the 1st quarter. Kestra Private Wealth Services LLC now owns 773,695 shares of the company’s stock valued at $32,913,000 after purchasing an additional 35,765 shares in the last quarter. Finally, Faithward Advisors LLC boosted its holdings in shares of Capital Group Dividend Value ETF by 94.7% in the 1st quarter. Faithward Advisors LLC now owns 18,958 shares of the company’s stock valued at $784,000 after purchasing an additional 9,220 shares in the last quarter.

Capital Group Dividend Value ETF Stock Performance

Shares of CGDV opened at $48.77 on Friday. Capital Group Dividend Value ETF has a 52-week low of $39.04 and a 52-week high of $49.43. The firm has a market cap of $35.17 billion, a price-to-earnings ratio of 26.59 and a beta of 0.89. The business’s fifty day moving average is $47.61 and its 200-day moving average is $45.42.

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.