Capital Group Dividend Value ETF (NYSEARCA:CGDV) is Entruity Wealth LLC’s Largest Position

Entruity Wealth LLC lifted its position in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 0.4% during the first quarter, Holdings Channel reports. The institutional investor owned 374,995 shares of the company’s stock after buying an additional 1,418 shares during the quarter. Capital Group Dividend Value ETF comprises approximately 12.6% of Entruity Wealth LLC’s investment portfolio, making the stock its largest holding. Entruity Wealth LLC’s holdings in Capital Group Dividend Value ETF were worth $13,365,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of CGDV. Hughes Financial Services LLC purchased a new position in Capital Group Dividend Value ETF in the first quarter worth $28,000. Golden State Wealth Management LLC purchased a new stake in shares of Capital Group Dividend Value ETF during the 1st quarter valued at $32,000. Fifth Third Bancorp acquired a new stake in shares of Capital Group Dividend Value ETF in the 1st quarter worth $37,000. ORG Partners LLC grew its stake in Capital Group Dividend Value ETF by 100.4% during the 1st quarter. ORG Partners LLC now owns 1,102 shares of the company’s stock worth $39,000 after buying an additional 552 shares during the last quarter. Finally, EQ Wealth Advisors LLC acquired a new position in Capital Group Dividend Value ETF during the 1st quarter valued at about $56,000.

Capital Group Dividend Value ETF Stock Performance

Capital Group Dividend Value ETF stock opened at $40.92 on Wednesday. The stock has a market cap of $19.75 billion, a PE ratio of 26.59 and a beta of 0.91. The stock has a 50-day moving average of $39.05 and a two-hundred day moving average of $36.89. Capital Group Dividend Value ETF has a one year low of $30.94 and a one year high of $41.30.

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.