First Pacific Financial Increases Stake in Capital Group Dividend Value ETF $CGDV

First Pacific Financial lifted its position in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 54.2% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 130,357 shares of the company’s stock after acquiring an additional 45,839 shares during the quarter. Capital Group Dividend Value ETF accounts for 0.7% of First Pacific Financial’s portfolio, making the stock its 25th largest position. First Pacific Financial’s holdings in Capital Group Dividend Value ETF were worth $5,689,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. Triumph Capital Management bought a new stake in Capital Group Dividend Value ETF in the third quarter worth about $32,000. CoreCap Advisors LLC grew its stake in shares of 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 buying an additional 411 shares during the last quarter. Banco de Sabadell S.A purchased a new stake in shares of Capital Group Dividend Value ETF in the second quarter worth approximately $47,000. MassMutual Private Wealth & Trust FSB raised its holdings 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 worth $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 during the 3rd quarter worth approximately $49,000.

Capital Group Dividend Value ETF Stock Down 0.2%

CGDV opened at $42.69 on Friday. The business has a fifty day moving average of $44.42 and a 200 day moving average of $43.53. The stock has a market cap of $27.26 billion, a P/E ratio of 26.59 and a beta of 0.89. Capital Group Dividend Value ETF has a 52-week low of $30.94 and a 52-week high of $46.01.

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.