Onyx Bridge Wealth Group LLC Purchases 33,764 Shares of Capital Group Dividend Value ETF $CGDV

Onyx Bridge Wealth Group LLC raised its position in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 5.8% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 616,693 shares of the company’s stock after acquiring an additional 33,764 shares during the quarter. Capital Group Dividend Value ETF comprises 2.8% of Onyx Bridge Wealth Group LLC’s investment portfolio, making the stock its 3rd biggest holding. Onyx Bridge Wealth Group LLC’s holdings in Capital Group Dividend Value ETF were worth $26,245,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Pflug Koory LLC bought a new position in shares of Capital Group Dividend Value ETF in the 4th quarter worth about $25,000. Flagship Wealth Advisors LLC bought a new stake in shares of Capital Group Dividend Value ETF during the 4th quarter valued at about $32,000. Bay Harbor Wealth Management LLC bought a new stake in shares of Capital Group Dividend Value ETF during the 4th quarter valued at about $32,000. Tucker Asset Management LLC acquired a new stake in Capital Group Dividend Value ETF during the fourth quarter worth approximately $32,000. Finally, Triumph Capital Management acquired a new stake in Capital Group Dividend Value ETF during the third quarter worth approximately $32,000.

Capital Group Dividend Value ETF Stock Performance

Shares of CGDV stock opened at $48.49 on Friday. The company has a market cap of $34.97 billion, a P/E ratio of 26.59 and a beta of 0.89. The stock has a 50 day simple moving average of $47.67 and a two-hundred day simple moving average of $45.44. Capital Group Dividend Value ETF has a fifty-two week low of $39.23 and a fifty-two week high of $49.43.

Capital Group Dividend Value ETF Company 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.