Capital Group Dividend Value ETF $CGDV Shares Bought by D.A. Davidson & CO.

D.A. Davidson & CO. boosted its position in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 4.9% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 3,541,612 shares of the company’s stock after buying an additional 164,576 shares during the quarter. Capital Group Dividend Value ETF makes up 0.9% of D.A. Davidson & CO.’s holdings, making the stock its 19th biggest position. D.A. Davidson & CO. owned about 0.56% of Capital Group Dividend Value ETF worth $154,556,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Pflug Koory LLC acquired a new stake in Capital Group Dividend Value ETF during the fourth quarter valued at $25,000. Triumph Capital Management acquired a new stake in Capital Group Dividend Value ETF during the third quarter valued at $32,000. CoreCap Advisors LLC lifted 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 purchasing an additional 411 shares in the last quarter. MassMutual Private Wealth & Trust FSB lifted its holdings in Capital Group Dividend Value ETF by 38,200.0% during the third quarter. MassMutual Private Wealth & Trust FSB now owns 1,149 shares of the company’s stock valued at $48,000 after purchasing an additional 1,146 shares in the last quarter. Finally, Huntington National Bank purchased a new position in Capital Group Dividend Value ETF during the third quarter valued at $49,000.

Capital Group Dividend Value ETF Price Performance

CGDV opened at $46.17 on Monday. The company has a market cap of $32.23 billion, a price-to-earnings ratio of 26.59 and a beta of 0.90. Capital Group Dividend Value ETF has a 52-week low of $34.22 and a 52-week high of $46.28. The firm’s fifty day simple moving average is $44.40 and its two-hundred day simple moving average is $43.87.

About Capital Group Dividend Value ETF

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.