Freedom Financial Partners LLC Raises Position in Capital Group Dividend Value ETF $CGDV

Freedom Financial Partners LLC increased its stake in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 23.8% during the 1st quarter, HoldingsChannel reports. The firm owned 232,758 shares of the company’s stock after buying an additional 44,671 shares during the period. Capital Group Dividend Value ETF comprises 3.5% of Freedom Financial Partners LLC’s holdings, making the stock its 10th largest position. Freedom Financial Partners LLC’s holdings in Capital Group Dividend Value ETF were worth $9,902,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Pflug Koory LLC purchased a new stake in Capital Group Dividend Value ETF during the 4th quarter valued at $25,000. Triumph Capital Management purchased a new position in shares of Capital Group Dividend Value ETF in the 3rd quarter worth $32,000. Bay Harbor Wealth Management LLC purchased a new position in shares of Capital Group Dividend Value ETF in the 4th quarter worth $32,000. Tucker Asset Management LLC bought a new stake in shares of Capital Group Dividend Value ETF in the fourth quarter worth $32,000. Finally, Flagship Wealth Advisors LLC bought a new stake in shares of Capital Group Dividend Value ETF in the fourth quarter worth $32,000.

Capital Group Dividend Value ETF Stock Performance

Capital Group Dividend Value ETF stock opened at $48.99 on Friday. Capital Group Dividend Value ETF has a one year low of $38.00 and a one year high of $49.43. The stock has a fifty day moving average of $47.32 and a 200 day moving average of $45.26. The stock has a market cap of $35.33 billion, a PE ratio of 26.59 and a beta of 0.89.

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.