KWB Wealth Raises Position in Capital Group Dividend Value ETF $CGDV

KWB Wealth raised its holdings in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 58.2% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 200,054 shares of the company’s stock after buying an additional 73,630 shares during the period. Capital Group Dividend Value ETF makes up approximately 0.9% of KWB Wealth’s portfolio, making the stock its 25th largest position. KWB Wealth’s holdings in Capital Group Dividend Value ETF were worth $7,900,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Golden State Wealth Management LLC purchased a new position in Capital Group Dividend Value ETF in the 1st quarter valued at approximately $32,000. Bank of New York Mellon Corp purchased a new position in Capital Group Dividend Value ETF in the 1st quarter valued at approximately $42,545,000. Per Stirling Capital Management LLC. lifted its position in shares of Capital Group Dividend Value ETF by 1.1% during the 1st quarter. Per Stirling Capital Management LLC. now owns 57,742 shares of the company’s stock worth $2,058,000 after purchasing an additional 644 shares during the last quarter. Fifth Third Bancorp purchased a new stake in shares of Capital Group Dividend Value ETF during the 1st quarter worth $37,000. Finally, Brown Advisory Inc. lifted its position in shares of Capital Group Dividend Value ETF by 153.4% during the 1st quarter. Brown Advisory Inc. now owns 18,152 shares of the company’s stock worth $647,000 after purchasing an additional 10,989 shares during the last quarter.

Capital Group Dividend Value ETF Trading Up 0.6%

Capital Group Dividend Value ETF stock opened at $41.84 on Friday. The stock has a market cap of $20.53 billion, a P/E ratio of 26.59 and a beta of 0.91. The company has a fifty day simple moving average of $41.27 and a 200-day simple moving average of $38.32. Capital Group Dividend Value ETF has a 12-month low of $30.94 and a 12-month high of $42.32.

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.