75,043 Shares in Capital Group Dividend Value ETF $CGDV Bought by APS Management Group Inc.

APS Management Group Inc. purchased a new position in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 75,043 shares of the company’s stock, valued at approximately $3,275,000. Capital Group Dividend Value ETF accounts for 2.8% of APS Management Group Inc.’s portfolio, making the stock its 9th biggest holding.

A number of other institutional investors and hedge funds have also made changes to their positions in CGDV. Raymond James Financial Inc. boosted its holdings in Capital Group Dividend Value ETF by 14.3% during the third quarter. Raymond James Financial Inc. now owns 22,125,677 shares of the company’s stock worth $929,942,000 after buying an additional 2,772,053 shares in the last quarter. Bank of America Corp DE boosted its holdings in Capital Group Dividend Value ETF by 20.4% during the third quarter. Bank of America Corp DE now owns 15,868,443 shares of the company’s stock worth $666,951,000 after buying an additional 2,688,496 shares in the last quarter. Jones Financial Companies Lllp boosted its holdings in Capital Group Dividend Value ETF by 39.1% during the third quarter. Jones Financial Companies Lllp now owns 7,854,486 shares of the company’s stock worth $328,634,000 after buying an additional 2,208,093 shares in the last quarter. Mainstay Capital Management LLC ADV purchased a new stake in Capital Group Dividend Value ETF during the third quarter worth about $70,987,000. Finally, Merit Financial Group LLC lifted its holdings in shares of Capital Group Dividend Value ETF by 465.5% in the third quarter. Merit Financial Group LLC now owns 1,690,161 shares of the company’s stock valued at $71,037,000 after purchasing an additional 1,391,257 shares in the last quarter.

Capital Group Dividend Value ETF Price Performance

Shares of NYSEARCA CGDV opened at $45.53 on Wednesday. Capital Group Dividend Value ETF has a 12-month low of $32.98 and a 12-month high of $46.24. The company has a market capitalization of $31.56 billion, a PE ratio of 26.59 and a beta of 0.90. The firm’s 50-day moving average is $44.37 and its two-hundred day moving average is $43.80.

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.