Clg LLC lessened its stake in Capital Group Dividend Value ETF (NYSEARCA:CGDV – Free Report) by 26.7% during the 1st quarter, HoldingsChannel reports. The firm owned 216,540 shares of the company’s stock after selling 78,677 shares during the quarter. Capital Group Dividend Value ETF accounts for about 2.3% of Clg LLC’s investment portfolio, making the stock its 11th biggest holding. Clg LLC’s holdings in Capital Group Dividend Value ETF were worth $9,212,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Pflug Koory LLC acquired a new position in shares of Capital Group Dividend Value ETF in the 4th quarter valued at $25,000. Triumph Capital Management purchased a new stake in Capital Group Dividend Value ETF during the third quarter worth $32,000. Bay Harbor Wealth Management LLC purchased a new stake in Capital Group Dividend Value ETF during the fourth quarter worth $32,000. Tucker Asset Management LLC acquired a new stake in Capital Group Dividend Value ETF during the fourth quarter valued at $32,000. Finally, Flagship Wealth Advisors LLC acquired a new stake in Capital Group Dividend Value ETF during the fourth quarter valued at $32,000.
Capital Group Dividend Value ETF Stock Performance
CGDV opened at $48.71 on Friday. Capital Group Dividend Value ETF has a fifty-two week low of $39.87 and a fifty-two week high of $49.55. The company has a fifty day moving average of $48.61 and a two-hundred day moving average of $46.17. The stock has a market capitalization of $36.56 billion, a price-to-earnings ratio of 26.59 and a beta of 0.88.
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.
Featured Stories
- Five stocks we like better than Capital Group Dividend Value ETF
- Premium Retail’s Stress Test Is Separating Winners From Losers
- D-Wave Quantum or a Quantum ETF: Which Is the Better Bet?
- GE Vernova Just Sent a Mixed AI Signal to Investors
- Alphabet Crushed Earnings, But One Number Spooked the Market
Want to see what other hedge funds are holding CGDV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Capital Group Dividend Value ETF (NYSEARCA:CGDV – Free Report).
Receive News & Ratings for Capital Group Dividend Value ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Capital Group Dividend Value ETF and related companies with MarketBeat.com's FREE daily email newsletter.
