True Blue Financial LLC Has $4.02 Million Stock Holdings in Capital Group Dividend Value ETF $CGDV

True Blue Financial LLC increased its holdings in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 15.4% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 94,481 shares of the company’s stock after buying an additional 12,619 shares during the quarter. Capital Group Dividend Value ETF accounts for approximately 3.2% of True Blue Financial LLC’s holdings, making the stock its 10th largest holding. True Blue Financial LLC’s holdings in Capital Group Dividend Value ETF were worth $4,019,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in CGDV. Clark Capital Management Group Inc. grew its stake in Capital Group Dividend Value ETF by 2.4% in the third 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 during the period. Cim LLC raised its position in shares of Capital Group Dividend Value ETF by 2.3% during the third quarter. Cim LLC now owns 11,280 shares of the company’s stock worth $474,000 after purchasing an additional 250 shares during the period. Ameriprise Financial Inc. lifted its holdings in shares of Capital Group Dividend Value ETF by 1.7% during the 2nd quarter. Ameriprise Financial Inc. now owns 16,080 shares of the company’s stock valued at $635,000 after purchasing an additional 263 shares in the last quarter. OneAscent Financial Services LLC lifted its holdings in shares of Capital Group Dividend Value ETF by 0.7% during the 4th quarter. OneAscent Financial Services LLC now owns 43,691 shares of the company’s stock valued at $1,907,000 after purchasing an additional 294 shares in the last quarter. Finally, Prospect Financial Services LLC grew its position in shares of 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 purchasing an additional 312 shares during the period.

Capital Group Dividend Value ETF Stock Performance

Shares of CGDV opened at $49.09 on Thursday. The stock has a 50 day simple moving average of $47.88 and a 200 day simple moving average of $45.57. Capital Group Dividend Value ETF has a 52-week low of $39.50 and a 52-week high of $49.43. The firm has a market capitalization of $36.53 billion, a PE ratio of 26.59 and a beta of 0.88.

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.