Vicus Capital Buys 17,802 Shares of Capital Group Dividend Value ETF $CGDV

Vicus Capital lifted its stake in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 12.0% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 166,713 shares of the company’s stock after acquiring an additional 17,802 shares during the quarter. Vicus Capital’s holdings in Capital Group Dividend Value ETF were worth $7,092,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Pflug Koory LLC acquired a new position in shares of Capital Group Dividend Value ETF during the 4th quarter worth approximately $25,000. Flagship Wealth Advisors LLC bought a new stake in shares of Capital Group Dividend Value ETF during the 4th quarter worth approximately $32,000. Bay Harbor Wealth Management LLC acquired a new stake in shares of Capital Group Dividend Value ETF in the 4th quarter valued at approximately $32,000. Tucker Asset Management LLC acquired a new stake in shares of Capital Group Dividend Value ETF in the 4th quarter valued at approximately $32,000. Finally, Triumph Capital Management acquired a new stake in shares of Capital Group Dividend Value ETF in the 3rd quarter valued at approximately $32,000.

Capital Group Dividend Value ETF Stock Performance

NYSEARCA:CGDV opened at $48.49 on Monday. The stock has a market capitalization of $34.97 billion, a PE ratio of 26.59 and a beta of 0.89. Capital Group Dividend Value ETF has a 1-year low of $39.23 and a 1-year high of $49.43. The firm has a fifty day simple moving average of $47.67 and a 200 day simple moving average of $45.45.

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.