SFG Wealth Management LLC. Invests $790,000 in Capital Group Dividend Value ETF $CGDV

SFG Wealth Management LLC. acquired a new stake in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) during the 4th quarter, HoldingsChannel reports. The institutional investor acquired 18,110 shares of the company’s stock, valued at approximately $790,000.

A number of other institutional investors also recently bought and sold shares of CGDV. AQR Capital Management LLC purchased a new stake in Capital Group Dividend Value ETF during the 1st quarter worth approximately $236,000. Franklin Resources Inc. acquired a new position in Capital Group Dividend Value ETF during the 2nd quarter valued at approximately $226,000. Russell Investments Group Ltd. raised its holdings in shares of Capital Group Dividend Value ETF by 24.9% in the second quarter. Russell Investments Group Ltd. now owns 4,638 shares of the company’s stock worth $183,000 after buying an additional 925 shares during the last quarter. Brown Advisory Inc. lifted its stake in shares of Capital Group Dividend Value ETF by 22.7% during the second quarter. Brown Advisory Inc. now owns 22,270 shares of the company’s stock worth $879,000 after buying an additional 4,118 shares during the period. Finally, Sei Investments Co. grew its holdings in shares of Capital Group Dividend Value ETF by 21.1% during the second quarter. Sei Investments Co. now owns 1,169,992 shares of the company’s stock valued at $46,203,000 after buying an additional 203,772 shares during the last quarter.

Capital Group Dividend Value ETF Price Performance

NYSEARCA CGDV opened at $47.45 on Thursday. The stock’s fifty day moving average price is $44.51 and its 200 day moving average price is $44.07. Capital Group Dividend Value ETF has a 1 year low of $35.20 and a 1 year high of $47.51. The company has a market cap of $34.22 billion, a price-to-earnings ratio of 26.59 and a beta of 0.89.

Capital Group Dividend Value ETF Company Profile

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.