Kestra Private Wealth Services LLC Boosts Stock Holdings in Capital Group Dividend Value ETF $CGDV

Kestra Private Wealth Services LLC lifted its position in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 4.8% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 773,695 shares of the company’s stock after acquiring an additional 35,765 shares during the quarter. Kestra Private Wealth Services LLC owned approximately 0.11% of Capital Group Dividend Value ETF worth $32,913,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Armstrong Fleming & Moore Inc raised its stake in shares of Capital Group Dividend Value ETF by 22.0% in the fourth quarter. Armstrong Fleming & Moore Inc now owns 250,179 shares of the company’s stock valued at $10,918,000 after buying an additional 45,077 shares during the period. Cozad Asset Management Inc. grew its stake in shares of Capital Group Dividend Value ETF by 116.8% during the 3rd quarter. Cozad Asset Management Inc. now owns 179,357 shares of the company’s stock worth $7,538,000 after acquiring an additional 96,612 shares during the period. Mason Investment Advisory Services Inc. increased its holdings in Capital Group Dividend Value ETF by 7.3% in the 3rd quarter. Mason Investment Advisory Services Inc. now owns 476,407 shares of the company’s stock worth $20,023,000 after acquiring an additional 32,420 shares during the last quarter. Kaizen Financial Strategies increased its holdings in Capital Group Dividend Value ETF by 5.0% in the 4th quarter. Kaizen Financial Strategies now owns 304,926 shares of the company’s stock worth $13,307,000 after acquiring an additional 14,641 shares during the last quarter. Finally, AA Financial Advisors LLC raised its stake in Capital Group Dividend Value ETF by 4.5% in the 4th quarter. AA Financial Advisors LLC now owns 755,250 shares of the company’s stock valued at $32,959,000 after acquiring an additional 32,219 shares during the period.

Capital Group Dividend Value ETF Stock Up 0.3%

NYSEARCA CGDV opened at $48.50 on Thursday. The company has a market cap of $34.98 billion, a PE ratio of 26.59 and a beta of 0.89. Capital Group Dividend Value ETF has a 52 week low of $38.81 and a 52 week high of $49.43. The firm’s 50-day simple moving average is $47.54 and its two-hundred day simple moving average is $45.38.

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.