Creative Financial Designs Inc. ADV Sells 15,346 Shares of Capital Group Dividend Value ETF $CGDV

Creative Financial Designs Inc. ADV lessened its position in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 2.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 620,107 shares of the company’s stock after selling 15,346 shares during the period. Capital Group Dividend Value ETF comprises 1.7% of Creative Financial Designs Inc. ADV’s portfolio, making the stock its 11th largest holding. Creative Financial Designs Inc. ADV’s holdings in Capital Group Dividend Value ETF were worth $27,061,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently made changes to their positions in CGDV. Pflug Koory LLC bought a new position in shares of Capital Group Dividend Value ETF in the fourth quarter worth approximately $25,000. Triumph Capital Management bought a new position in shares of Capital Group Dividend Value ETF in the third quarter worth approximately $32,000. Bay Harbor Wealth Management LLC bought a new position in shares of Capital Group Dividend Value ETF in the fourth quarter worth approximately $32,000. Tucker Asset Management LLC bought a new position in shares of Capital Group Dividend Value ETF in the fourth quarter worth approximately $32,000. Finally, CoreCap Advisors LLC lifted its stake in shares of Capital Group Dividend Value ETF by 93.8% in the fourth quarter. CoreCap Advisors LLC now owns 849 shares of the company’s stock worth $37,000 after buying an additional 411 shares in the last quarter.

Capital Group Dividend Value ETF Stock Performance

Shares of NYSEARCA CGDV opened at $47.30 on Wednesday. The firm’s 50 day moving average price is $44.92 and its 200-day moving average price is $44.38. The company has a market cap of $34.11 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 $48.49.

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.