Diversify Advisory Services LLC Purchases 35,501 Shares of Capital Group Dividend Value ETF $CGDV

Diversify Advisory Services LLC raised its position in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 602.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 41,391 shares of the company’s stock after acquiring an additional 35,501 shares during the period. Diversify Advisory Services LLC’s holdings in Capital Group Dividend Value ETF were worth $1,844,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of CGDV. Pflug Koory LLC bought a new stake in shares of Capital Group Dividend Value ETF in the fourth quarter valued at approximately $25,000. Triumph Capital Management bought a new stake in shares of Capital Group Dividend Value ETF in the third quarter valued at approximately $32,000. CoreCap Advisors LLC lifted its stake in shares of Capital Group Dividend Value ETF by 93.8% in 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 lifted its stake in shares of 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 valued at $48,000 after buying an additional 1,146 shares during the period. Finally, Huntington National Bank bought a new stake in shares of Capital Group Dividend Value ETF in the third quarter valued at about $49,000.

Capital Group Dividend Value ETF Stock Up 0.1%

Shares of CGDV opened at $44.72 on Friday. 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 price-to-earnings ratio of 26.59 and a beta of 0.90. The stock’s 50-day moving average price is $44.30 and its 200 day moving average price is $43.61.

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.