Mariner LLC lifted its stake in Capital Group Dividend Value ETF (NYSEARCA:CGDV – Free Report) by 33.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,056,636 shares of the company’s stock after purchasing an additional 514,366 shares during the period. Mariner LLC’s holdings in Capital Group Dividend Value ETF were worth $89,752,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also recently modified their holdings of CGDV. Pflug Koory LLC purchased a new stake in shares of Capital Group Dividend Value ETF in the 4th quarter worth about $25,000. Triumph Capital Management purchased a new stake in shares of Capital Group Dividend Value ETF in the 3rd quarter worth about $32,000. Bay Harbor Wealth Management LLC purchased a new stake in shares of Capital Group Dividend Value ETF in the 4th quarter worth about $32,000. Tucker Asset Management LLC purchased a new stake in shares of Capital Group Dividend Value ETF in the 4th quarter worth about $32,000. Finally, Flagship Wealth Advisors LLC purchased a new stake in shares of Capital Group Dividend Value ETF in the 4th quarter worth about $32,000.
Capital Group Dividend Value ETF Price Performance
NYSEARCA:CGDV opened at $49.22 on Tuesday. The firm’s 50-day moving average price is $46.87 and its 200-day moving average price is $45.13. The company has a market capitalization of $35.50 billion, a PE ratio of 26.59 and a beta of 0.89. Capital Group Dividend Value ETF has a 1-year low of $38.00 and a 1-year high of $49.43.
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.
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