BNB Wealth Management LLC Buys Shares of 139,154 Capital Group Dividend Value ETF $CGDV

BNB Wealth Management LLC bought a new stake in Capital Group Dividend Value ETF (NYSEARCA:CGDV) during the 4th quarter, Holdings Channel.com reports. The firm bought 139,154 shares of the company’s stock, valued at approximately $6,073,000. Capital Group Dividend Value ETF comprises approximately 3.9% of BNB Wealth Management LLC’s holdings, making the stock its 4th biggest position.

Several other institutional investors have also recently bought and sold shares of the company. Clark Capital Management Group Inc. lifted its stake in Capital Group Dividend Value ETF by 2.4% in the 3rd quarter. Clark Capital Management Group Inc. now owns 9,984 shares of the company’s stock valued at $420,000 after acquiring an additional 238 shares in the last quarter. Cim LLC lifted its stake in Capital Group Dividend Value ETF by 2.3% in the 3rd quarter. Cim LLC now owns 11,280 shares of the company’s stock valued at $474,000 after acquiring an additional 250 shares in the last quarter. Ameriprise Financial Inc. lifted its stake in Capital Group Dividend Value ETF by 1.7% in the 2nd quarter. Ameriprise Financial Inc. now owns 16,080 shares of the company’s stock valued at $635,000 after acquiring an additional 263 shares in the last quarter. OneAscent Financial Services LLC lifted its stake in Capital Group Dividend Value ETF by 0.7% in the 4th quarter. OneAscent Financial Services LLC now owns 43,691 shares of the company’s stock valued at $1,907,000 after acquiring an additional 294 shares in the last quarter. Finally, Prospect Financial Services LLC lifted its stake in Capital Group Dividend Value ETF by 2.5% in the 4th quarter. Prospect Financial Services LLC now owns 12,925 shares of the company’s stock valued at $564,000 after acquiring an additional 312 shares in the last quarter.

Capital Group Dividend Value ETF Stock Performance

NYSEARCA CGDV opened at $48.49 on Thursday. The stock has a market capitalization of $34.97 billion, a price-to-earnings ratio of 26.59 and a beta of 0.89. The stock’s 50 day moving average price is $47.11 and its two-hundred day moving average price is $45.20. Capital Group Dividend Value ETF has a 52 week low of $38.00 and a 52 week 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.