Apollon Wealth Management LLC Raises Holdings in Capital Group Dividend Value ETF $CGDV

Apollon Wealth Management LLC boosted its holdings in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 6.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 407,299 shares of the company’s stock after buying an additional 25,919 shares during the quarter. Apollon Wealth Management LLC owned approximately 0.06% of Capital Group Dividend Value ETF worth $17,775,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Pflug Koory LLC purchased a new position in Capital Group Dividend Value ETF during the fourth quarter valued at approximately $25,000. Triumph Capital Management purchased a new position in Capital Group Dividend Value ETF during the third quarter valued at approximately $32,000. CoreCap Advisors LLC increased its holdings in Capital Group Dividend Value ETF by 93.8% during the fourth quarter. CoreCap Advisors LLC now owns 849 shares of the company’s stock valued at $37,000 after buying an additional 411 shares during the period. MassMutual Private Wealth & Trust FSB grew its holdings in Capital Group Dividend Value ETF by 38,200.0% in the third quarter. MassMutual Private Wealth & Trust FSB now owns 1,149 shares of the company’s stock worth $48,000 after purchasing an additional 1,146 shares during the last quarter. Finally, Huntington National Bank purchased a new position in Capital Group Dividend Value ETF in the third quarter worth $49,000.

Capital Group Dividend Value ETF Trading Up 0.1%

NYSEARCA CGDV opened at $44.72 on Friday. The firm’s fifty day simple moving average is $44.30 and its two-hundred day simple moving average is $43.60. Capital Group Dividend Value ETF has a 12-month low of $32.51 and a 12-month high of $46.01. The firm has a market capitalization of $30.36 billion, a P/E ratio of 26.59 and a beta of 0.90.

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.