Capital Group Dividend Value ETF $CGDV Position Lifted by Midwest Heritage Bank FSB

Midwest Heritage Bank FSB grew its holdings in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 9.5% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 709,510 shares of the company’s stock after acquiring an additional 61,800 shares during the period. Capital Group Dividend Value ETF comprises approximately 9.7% of Midwest Heritage Bank FSB’s holdings, making the stock its 3rd largest position. Midwest Heritage Bank FSB owned about 0.10% of Capital Group Dividend Value ETF worth $30,183,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Pflug Koory LLC purchased a new position in Capital Group Dividend Value ETF during the fourth quarter valued at $25,000. Triumph Capital Management purchased a new stake in Capital Group Dividend Value ETF in the third quarter worth about $32,000. Bay Harbor Wealth Management LLC purchased a new stake in Capital Group Dividend Value ETF in the fourth quarter worth about $32,000. Tucker Asset Management LLC purchased a new stake in Capital Group Dividend Value ETF in the fourth quarter worth about $32,000. Finally, Flagship Wealth Advisors LLC bought a new position in shares of Capital Group Dividend Value ETF in the fourth quarter worth about $32,000.

Capital Group Dividend Value ETF Price Performance

CGDV stock opened at $48.99 on Friday. The business’s 50-day moving average price is $47.32 and its 200-day moving average price is $45.26. The stock has a market cap of $35.33 billion, a P/E ratio of 26.59 and a beta of 0.89. Capital Group Dividend Value ETF has a twelve month low of $38.00 and a twelve month 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.