Accel Wealth Management Acquires 14,599 Shares of Capital Group Dividend Value ETF $CGDV

Accel Wealth Management grew its holdings in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 12.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 136,266 shares of the company’s stock after buying an additional 14,599 shares during the quarter. Capital Group Dividend Value ETF makes up 1.6% of Accel Wealth Management’s portfolio, making the stock its 13th largest position. Accel Wealth Management’s holdings in Capital Group Dividend Value ETF were worth $5,947,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Pflug Koory LLC bought a new position in shares of Capital Group Dividend Value ETF in the fourth quarter worth about $25,000. Triumph Capital Management bought a new stake in shares of Capital Group Dividend Value ETF during the third quarter worth $32,000. CoreCap Advisors LLC raised its position 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 worth $37,000 after acquiring an additional 411 shares during the last quarter. Banco de Sabadell S.A acquired a new position in shares of Capital Group Dividend Value ETF during the second quarter valued at $47,000. Finally, MassMutual Private Wealth & Trust FSB boosted its holdings in 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 valued at $48,000 after acquiring an additional 1,146 shares during the last quarter.

Capital Group Dividend Value ETF Stock Performance

Shares of NYSEARCA CGDV opened at $42.69 on Friday. Capital Group Dividend Value ETF has a 1 year low of $30.94 and a 1 year high of $46.01. The firm’s 50-day moving average is $44.39 and its 200-day moving average is $43.55. The firm has a market capitalization of $28.98 billion, a PE ratio of 26.59 and a beta of 0.89.

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.