Aprio Wealth Management LLC Invests $6.52 Million in Capital Group Dividend Value ETF $CGDV

Aprio Wealth Management LLC bought a new stake in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 149,488 shares of the company’s stock, valued at approximately $6,524,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Pflug Koory LLC acquired a new stake in shares of Capital Group Dividend Value ETF in the fourth quarter worth $25,000. Triumph Capital Management acquired a new stake in Capital Group Dividend Value ETF in the 3rd quarter worth $32,000. CoreCap Advisors LLC grew its position in Capital Group Dividend Value ETF by 93.8% in the 4th quarter. CoreCap Advisors LLC now owns 849 shares of the company’s stock worth $37,000 after purchasing an additional 411 shares during the last quarter. MassMutual Private Wealth & Trust FSB increased its holdings in shares of Capital Group Dividend Value ETF by 38,200.0% during the 3rd 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 period. Finally, Huntington National Bank bought a new position in shares of Capital Group Dividend Value ETF during the 3rd quarter worth about $49,000.

Capital Group Dividend Value ETF Stock Performance

Shares of CGDV opened at $46.17 on Monday. The company has a 50-day simple moving average of $44.40 and a 200-day simple moving average of $43.87. Capital Group Dividend Value ETF has a 52 week low of $34.22 and a 52 week high of $46.28. The firm has a market capitalization of $32.23 billion, a P/E 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.