Affiance Financial LLC Grows Position in Capital Group Dividend Value ETF $CGDV

Affiance Financial LLC raised its holdings in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 11.6% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 119,710 shares of the company’s stock after acquiring an additional 12,441 shares during the period. Capital Group Dividend Value ETF makes up 0.8% of Affiance Financial LLC’s investment portfolio, making the stock its 18th largest position. Affiance Financial LLC’s holdings in Capital Group Dividend Value ETF were worth $5,224,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of the stock. Lincoln Capital LLC lifted its position in Capital Group Dividend Value ETF by 1.4% during the third quarter. Lincoln Capital LLC now owns 16,640 shares of the company’s stock valued at $705,000 after purchasing an additional 235 shares during the last quarter. Clark Capital Management Group Inc. raised its position in shares of Capital Group Dividend Value ETF by 2.4% during the 3rd quarter. Clark Capital Management Group Inc. now owns 9,984 shares of the company’s stock valued at $420,000 after buying an additional 238 shares in the last quarter. Cim LLC lifted its holdings in shares of Capital Group Dividend Value ETF by 2.3% during the 3rd quarter. Cim LLC now owns 11,280 shares of the company’s stock worth $474,000 after acquiring an additional 250 shares during the last quarter. GPS Wealth Strategies Group LLC lifted its holdings in shares of Capital Group Dividend Value ETF by 2.0% during the 3rd quarter. GPS Wealth Strategies Group LLC now owns 13,083 shares of the company’s stock worth $550,000 after acquiring an additional 252 shares during the last quarter. Finally, Ameriprise Financial Inc. grew its position in Capital Group Dividend Value ETF by 1.7% in the second quarter. Ameriprise Financial Inc. now owns 16,080 shares of the company’s stock worth $635,000 after acquiring an additional 263 shares in the last quarter.

Capital Group Dividend Value ETF Stock Up 0.4%

CGDV opened at $43.11 on Wednesday. The business’s fifty day simple moving average is $44.32 and its 200 day simple moving average is $43.57. Capital Group Dividend Value ETF has a 52 week low of $31.50 and a 52 week high of $46.01. The stock has a market cap of $29.26 billion, a PE ratio of 26.59 and a beta of 0.90.

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.