EQ Wealth Advisors LLC Grows Stock Holdings in Capital Group Dividend Value ETF $CGDV

EQ Wealth Advisors LLC lifted its holdings in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 30.6% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 81,194 shares of the company’s stock after acquiring an additional 19,007 shares during the quarter. Capital Group Dividend Value ETF accounts for 2.0% of EQ Wealth Advisors LLC’s holdings, making the stock its 18th biggest position. EQ Wealth Advisors LLC’s holdings in Capital Group Dividend Value ETF were worth $3,454,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the business. Pflug Koory LLC purchased a new stake in Capital Group Dividend Value ETF in the fourth quarter valued at $25,000. Triumph Capital Management purchased a new position in shares of Capital Group Dividend Value ETF during the 3rd quarter valued at about $32,000. Bay Harbor Wealth Management LLC purchased a new position in shares of Capital Group Dividend Value ETF during the 4th quarter valued at about $32,000. Tucker Asset Management LLC acquired a new position in shares of Capital Group Dividend Value ETF in the 4th quarter valued at about $32,000. Finally, Flagship Wealth Advisors LLC purchased a new stake in shares of Capital Group Dividend Value ETF in the fourth quarter worth about $32,000.

Capital Group Dividend Value ETF Stock Performance

Capital Group Dividend Value ETF stock traded up $0.36 during midday trading on Friday, hitting $49.50. 3,411,637 shares of the company were exchanged, compared to its average volume of 4,542,946. The business has a fifty day simple moving average of $48.32 and a two-hundred day simple moving average of $45.83. The firm has a market capitalization of $36.89 billion, a PE ratio of 26.59 and a beta of 0.88. Capital Group Dividend Value ETF has a fifty-two week low of $39.87 and a fifty-two week high of $49.55.

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.