Capital Group Dividend Value ETF (NYSEARCA:CGDV) Sees Unusually-High Trading Volume

Capital Group Dividend Value ETF (NYSEARCA:CGDVGet Free Report) shares saw unusually-high trading volume on Wednesday . Approximately 563,584 shares changed hands during trading, a decline of 64% from the previous session’s volume of 1,578,088 shares.The stock last traded at $33.20 and had previously closed at $33.12.

Capital Group Dividend Value ETF Stock Performance

The stock has a market capitalization of $7.58 billion, a price-to-earnings ratio of 22.38 and a beta of 0.92. The firm’s fifty day simple moving average is $32.90 and its 200 day simple moving average is $31.57.

Institutional Trading of Capital Group Dividend Value ETF

Several hedge funds have recently bought and sold shares of CGDV. Glassman Wealth Services acquired a new stake in shares of Capital Group Dividend Value ETF in the first quarter valued at approximately $29,000. Tennessee Valley Asset Management Partners acquired a new stake in shares of Capital Group Dividend Value ETF in the fourth quarter valued at approximately $26,000. Transcendent Capital Group LLC acquired a new stake in shares of Capital Group Dividend Value ETF in the fourth quarter valued at approximately $33,000. Signaturefd LLC acquired a new stake in shares of Capital Group Dividend Value ETF in the fourth quarter valued at approximately $37,000. Finally, Russell Investments Group Ltd. acquired a new stake in shares of Capital Group Dividend Value ETF in the first quarter valued at approximately $42,000.

Capital Group Dividend Value ETF Company Profile

(Get Free Report)

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.

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