Independent Financial Group LLC purchased a new position in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV – Free Report) during the first quarter, Holdings Channel.com reports. The firm purchased 539,302 shares of the company’s stock, valued at approximately $22,942,000. Capital Group Dividend Value ETF makes up approximately 0.7% of Independent Financial Group LLC’s investment portfolio, making the stock its 14th biggest position.
Several other large investors also recently modified their holdings of CGDV. Pflug Koory LLC acquired a new position in shares of Capital Group Dividend Value ETF during the 4th quarter valued at $25,000. Triumph Capital Management bought a new stake in Capital Group Dividend Value ETF in the third quarter valued at $32,000. Bay Harbor Wealth Management LLC acquired a new position in shares of Capital Group Dividend Value ETF during the fourth quarter valued at about $32,000. Tucker Asset Management LLC bought a new position in shares of Capital Group Dividend Value ETF during the 4th quarter worth about $32,000. Finally, Flagship Wealth Advisors LLC bought a new position in shares of Capital Group Dividend Value ETF during the 4th quarter worth about $32,000.
Capital Group Dividend Value ETF Price Performance
Shares of Capital Group Dividend Value ETF stock opened at $49.24 on Friday. The business has a 50-day simple moving average of $48.50 and a 200 day simple moving average of $45.99. Capital Group Dividend Value ETF has a one year low of $39.87 and a one year high of $49.55. The firm has a market capitalization of $36.69 billion, a price-to-earnings ratio of 26.59 and a beta of 0.88.
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.
Read More
- Five stocks we like better than Capital Group Dividend Value ETF
- Why Abbott Laboratories Stock Is Suddenly Winning Back Wall Street
- Revving Up Returns: Big Banks Race Through the Rate Plateau
- Why Uber’s Biggest Deal Yet Could Unlock Its Next Growth Phase
- Why Microsoft Is Playing a Different AI Game Than Big Tech—and Cash Flow Is the Test
Want to see what other hedge funds are holding CGDV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Capital Group Dividend Value ETF (NYSEARCA:CGDV – Free Report).
Receive News & Ratings for Capital Group Dividend Value ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Capital Group Dividend Value ETF and related companies with MarketBeat.com's FREE daily email newsletter.
