Capital Group Dividend Value ETF $CGDV Shares Acquired by RFG Advisory LLC

RFG Advisory LLC lifted its position in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 213.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 430,492 shares of the company’s stock after buying an additional 293,029 shares during the period. RFG Advisory LLC owned approximately 0.07% of Capital Group Dividend Value ETF worth $18,787,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Pflug Koory LLC acquired a new stake in shares of Capital Group Dividend Value ETF during the 4th quarter worth $25,000. Triumph Capital Management acquired a new stake in shares of Capital Group Dividend Value ETF during the 3rd quarter worth $32,000. Bay Harbor Wealth Management LLC acquired a new stake in shares of Capital Group Dividend Value ETF during the 4th quarter worth $32,000. CoreCap Advisors LLC increased its holdings in shares of Capital Group Dividend Value ETF by 93.8% during the 4th quarter. CoreCap Advisors LLC now owns 849 shares of the company’s stock worth $37,000 after buying an additional 411 shares during the last quarter. Finally, MassMutual Private Wealth & Trust FSB increased 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 buying an additional 1,146 shares during the last quarter.

Capital Group Dividend Value ETF Stock Up 0.7%

CGDV stock opened at $46.66 on Wednesday. The company has a market cap of $33.65 billion, a price-to-earnings ratio of 26.59 and a beta of 0.89. The business has a fifty day simple moving average of $44.47 and a 200-day simple moving average of $44.03. Capital Group Dividend Value ETF has a 52 week low of $35.20 and a 52 week high of $46.79.

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.