BetterWealth LLC Has $10.27 Million Stock Position in Capital Group Dividend Value ETF $CGDV

BetterWealth LLC raised its stake in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 5.5% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 235,393 shares of the company’s stock after purchasing an additional 12,184 shares during the quarter. Capital Group Dividend Value ETF accounts for about 2.3% of BetterWealth LLC’s investment portfolio, making the stock its 10th biggest position. BetterWealth LLC’s holdings in Capital Group Dividend Value ETF were worth $10,273,000 as of its most recent filing with the SEC.

Other large investors have also made changes to their positions in the company. Triumph Capital Management acquired a new stake in Capital Group Dividend Value ETF during the third quarter worth about $32,000. CoreCap Advisors LLC lifted its position in shares of 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 acquiring an additional 411 shares during the period. Banco de Sabadell S.A acquired a new stake in shares of Capital Group Dividend Value ETF during the 2nd quarter worth approximately $47,000. MassMutual Private Wealth & Trust FSB grew 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 in the last quarter. Finally, Huntington National Bank bought a new stake in shares of Capital Group Dividend Value ETF during the third quarter valued at approximately $49,000.

Capital Group Dividend Value ETF Trading Up 0.6%

Shares of NYSEARCA CGDV opened at $42.79 on Thursday. The firm has a market capitalization of $27.33 billion, a price-to-earnings ratio of 26.59 and a beta of 0.89. Capital Group Dividend Value ETF has a one year low of $30.94 and a one year high of $46.01. The business has a fifty day simple moving average of $44.46 and a 200 day simple moving average of $43.54.

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.