Capital Group Dividend Value ETF $CGDV Shares Acquired by Kaizen Financial Strategies

Kaizen Financial Strategies grew its position in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 5.0% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 304,926 shares of the company’s stock after purchasing an additional 14,641 shares during the quarter. Capital Group Dividend Value ETF comprises approximately 5.9% of Kaizen Financial Strategies’ investment portfolio, making the stock its 4th largest position. Kaizen Financial Strategies’ holdings in Capital Group Dividend Value ETF were worth $13,307,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Lincoln Capital LLC increased its position in shares of Capital Group Dividend Value ETF by 1.4% during the third quarter. Lincoln Capital LLC now owns 16,640 shares of the company’s stock worth $705,000 after buying an additional 235 shares during the period. Clark Capital Management Group Inc. raised its stake in Capital Group Dividend Value ETF by 2.4% during the third quarter. Clark Capital Management Group Inc. now owns 9,984 shares of the company’s stock worth $420,000 after buying an additional 238 shares during the last quarter. Cim LLC lifted its holdings in Capital Group Dividend Value ETF by 2.3% in the third quarter. Cim LLC now owns 11,280 shares of the company’s stock valued at $474,000 after buying an additional 250 shares during the period. GPS Wealth Strategies Group LLC lifted its holdings in Capital Group Dividend Value ETF by 2.0% in the third quarter. GPS Wealth Strategies Group LLC now owns 13,083 shares of the company’s stock valued at $550,000 after buying an additional 252 shares during the period. Finally, Ameriprise Financial Inc. boosted its position in Capital Group Dividend Value ETF by 1.7% during the second quarter. Ameriprise Financial Inc. now owns 16,080 shares of the company’s stock valued at $635,000 after acquiring an additional 263 shares during the last quarter.

Capital Group Dividend Value ETF Stock Performance

Shares of Capital Group Dividend Value ETF stock opened at $42.69 on Monday. The business has a 50-day moving average price of $44.39 and a two-hundred day moving average price of $43.56. Capital Group Dividend Value ETF has a 1-year low of $30.94 and a 1-year high of $46.01. The company has a market cap of $28.98 billion, a P/E ratio of 26.59 and a beta of 0.89.

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.