Capital Group Dividend Value ETF $CGDV Shares Acquired by Financial Council LLC

Financial Council LLC increased its position in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 37.2% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 56,973 shares of the company’s stock after acquiring an additional 15,455 shares during the period. Capital Group Dividend Value ETF makes up 1.0% of Financial Council LLC’s portfolio, making the stock its 19th biggest position. Financial Council LLC’s holdings in Capital Group Dividend Value ETF were worth $2,486,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of the company. Western Wealth Management LLC increased its holdings in shares of Capital Group Dividend Value ETF by 3.6% in the 4th quarter. Western Wealth Management LLC now owns 1,036,355 shares of the company’s stock worth $45,227,000 after acquiring an additional 35,631 shares during the period. Atlas Private Wealth Advisors grew its position in Capital Group Dividend Value ETF by 15.8% in the 4th quarter. Atlas Private Wealth Advisors now owns 13,244 shares of the company’s stock valued at $578,000 after buying an additional 1,805 shares in the last quarter. Allworth Financial LP grew its position in Capital Group Dividend Value ETF by 0.6% in the 4th quarter. Allworth Financial LP now owns 154,656 shares of the company’s stock valued at $6,749,000 after buying an additional 935 shares in the last quarter. TrueWealth Financial Partners bought a new position in Capital Group Dividend Value ETF in the 4th quarter valued at about $3,572,000. Finally, Moneco Advisors LLC grew its position in Capital Group Dividend Value ETF by 8.2% in the 4th quarter. Moneco Advisors LLC now owns 14,265 shares of the company’s stock valued at $623,000 after buying an additional 1,080 shares in the last quarter.

Capital Group Dividend Value ETF Stock Up 0.7%

Shares of CGDV opened at $47.80 on Thursday. The firm has a 50-day moving average price of $44.68 and a 200 day moving average price of $44.25. The firm has a market capitalization of $34.47 billion, a PE ratio of 26.59 and a beta of 0.89. Capital Group Dividend Value ETF has a 52-week low of $36.10 and a 52-week high of $47.88.

Capital Group Dividend Value ETF 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.