Blue Trust Inc. Acquires 14,762 Shares of Capital Group Dividend Value ETF $CGDV

Blue Trust Inc. boosted its holdings in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 1,220.0% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 15,972 shares of the company’s stock after purchasing an additional 14,762 shares during the period. Blue Trust Inc.’s holdings in Capital Group Dividend Value ETF were worth $697,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of the business. Harbor Investment Advisory LLC lifted its position in Capital Group Dividend Value ETF by 91.4% during the 3rd quarter. Harbor Investment Advisory LLC now owns 49,925 shares of the company’s stock worth $2,098,000 after buying an additional 23,845 shares in the last quarter. Thrivent Financial for Lutherans bought a new stake in Capital Group Dividend Value ETF during the 2nd quarter worth about $1,982,000. Future Financial Wealth Managment LLC acquired a new stake in Capital Group Dividend Value ETF in the 3rd quarter valued at about $5,649,000. Fermata Advisors LLC increased its position in Capital Group Dividend Value ETF by 9.7% in the 3rd quarter. Fermata Advisors LLC now owns 214,171 shares of the company’s stock valued at $9,002,000 after acquiring an additional 19,012 shares in the last quarter. Finally, Genesis Private Wealth LLC raised its stake in shares of Capital Group Dividend Value ETF by 130.9% in the third quarter. Genesis Private Wealth LLC now owns 24,798 shares of the company’s stock worth $1,042,000 after acquiring an additional 14,058 shares during the last quarter.

Capital Group Dividend Value ETF Stock Performance

Shares of CGDV stock opened at $42.69 on Friday. Capital Group Dividend Value ETF has a 1 year low of $30.94 and a 1 year high of $46.01. The firm’s 50 day moving average is $44.39 and its 200-day moving average is $43.55. The firm has a market capitalization of $28.98 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.