SK Wealth Management LLC Has $40.55 Million Holdings in Capital Group Dividend Value ETF $CGDV

SK Wealth Management LLC boosted its stake in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 7.1% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 944,276 shares of the company’s stock after buying an additional 62,657 shares during the quarter. Capital Group Dividend Value ETF makes up 11.2% of SK Wealth Management LLC’s investment portfolio, making the stock its 3rd largest holding. SK Wealth Management LLC owned 0.13% of Capital Group Dividend Value ETF worth $40,547,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also bought and sold shares of the company. Pflug Koory LLC bought a new stake in shares of Capital Group Dividend Value ETF in the 4th quarter worth $25,000. Triumph Capital Management bought a new position in shares of Capital Group Dividend Value ETF during the third quarter valued at about $32,000. Bay Harbor Wealth Management LLC bought 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 fourth quarter valued at about $32,000. Finally, Flagship Wealth Advisors LLC purchased a new position in Capital Group Dividend Value ETF during the fourth quarter worth about $32,000.

Capital Group Dividend Value ETF Stock Performance

Shares of CGDV stock opened at $48.79 on Friday. Capital Group Dividend Value ETF has a 52-week low of $39.87 and a 52-week high of $49.55. The company has a 50-day simple moving average of $48.53 and a two-hundred day simple moving average of $46.01. The company has a market capitalization of $36.51 billion, a price-to-earnings ratio of 26.59 and a beta of 0.88.

Capital Group Dividend Value ETF 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.