Capital Group Dividend Value ETF $CGDV Stake Raised by Beacon Financial Advisory LLC

Beacon Financial Advisory LLC grew its stake in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 3.9% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 417,491 shares of the company’s stock after acquiring an additional 15,759 shares during the quarter. Capital Group Dividend Value ETF comprises approximately 4.2% of Beacon Financial Advisory LLC’s portfolio, making the stock its 2nd biggest position. Beacon Financial Advisory LLC’s holdings in Capital Group Dividend Value ETF were worth $18,219,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of the company. Abound Financial LLC bought a new position in shares of Capital Group Dividend Value ETF in the fourth quarter worth approximately $299,000. Venture Visionary Partners LLC raised its holdings in Capital Group Dividend Value ETF by 9.6% in the 4th quarter. Venture Visionary Partners LLC now owns 410,945 shares of the company’s stock worth $18,049,000 after acquiring an additional 35,988 shares during the last quarter. MML Investors Services LLC lifted its position in Capital Group Dividend Value ETF by 9.7% in the 4th quarter. MML Investors Services LLC now owns 4,921,276 shares of the company’s stock valued at $214,764,000 after acquiring an additional 435,868 shares in the last quarter. Mariner LLC boosted its stake in Capital Group Dividend Value ETF by 33.4% during the 4th quarter. Mariner LLC now owns 2,056,636 shares of the company’s stock valued at $89,752,000 after purchasing an additional 514,366 shares during the last quarter. Finally, Focus Partners Wealth increased its holdings in shares of Capital Group Dividend Value ETF by 2.2% in the 4th quarter. Focus Partners Wealth now owns 496,685 shares of the company’s stock worth $21,675,000 after purchasing an additional 10,676 shares in the last quarter.

Capital Group Dividend Value ETF Price Performance

CGDV stock opened at $49.22 on Tuesday. The stock has a market capitalization of $35.50 billion, a P/E ratio of 26.59 and a beta of 0.89. Capital Group Dividend Value ETF has a 1-year low of $38.00 and a 1-year high of $49.43. The business has a fifty day moving average price of $46.87 and a 200-day moving average price of $45.13.

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.