Ethos Financial Group LLC Buys New Position in Capital Group Dividend Value ETF $CGDV

Ethos Financial Group LLC bought a new stake in Capital Group Dividend Value ETF (NYSEARCA:CGDV) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 121,807 shares of the company’s stock, valued at approximately $5,316,000.

Other large investors have also recently bought and sold shares of the company. AQR Capital Management LLC bought a new stake in shares of Capital Group Dividend Value ETF in the first quarter worth $236,000. Franklin Resources Inc. bought a new position in Capital Group Dividend Value ETF in the second quarter valued at $226,000. Russell Investments Group Ltd. grew its position in Capital Group Dividend Value ETF by 24.9% in the second quarter. Russell Investments Group Ltd. now owns 4,638 shares of the company’s stock valued at $183,000 after purchasing an additional 925 shares in the last quarter. Beacon Pointe Advisors LLC acquired a new stake in Capital Group Dividend Value ETF in the 2nd quarter valued at $1,479,000. Finally, Brown Advisory Inc. lifted its position in Capital Group Dividend Value ETF by 22.7% during the 2nd quarter. Brown Advisory Inc. now owns 22,270 shares of the company’s stock worth $879,000 after buying an additional 4,118 shares in the last quarter.

Capital Group Dividend Value ETF Price Performance

Capital Group Dividend Value ETF stock opened at $42.69 on Friday. The firm has a 50-day moving average of $44.39 and a 200-day moving average of $43.55. Capital Group Dividend Value ETF has a one year low of $30.94 and a one year high of $46.01. The company has a market cap of $28.98 billion, a price-to-earnings ratio of 26.59 and a beta of 0.89.

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.