IFG Advisory LLC Purchases 40,357 Shares of Capital Group Dividend Value ETF $CGDV

IFG Advisory LLC increased its position in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 26.9% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 190,107 shares of the company’s stock after purchasing an additional 40,357 shares during the period. IFG Advisory LLC’s holdings in Capital Group Dividend Value ETF were worth $8,296,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Armstrong Fleming & Moore Inc boosted its stake in Capital Group Dividend Value ETF by 22.0% in the 4th quarter. Armstrong Fleming & Moore Inc now owns 250,179 shares of the company’s stock worth $10,918,000 after purchasing an additional 45,077 shares in the last quarter. Cozad Asset Management Inc. boosted its stake in Capital Group Dividend Value ETF by 116.8% in the 3rd quarter. Cozad Asset Management Inc. now owns 179,357 shares of the company’s stock worth $7,538,000 after purchasing an additional 96,612 shares in the last quarter. Kaizen Financial Strategies boosted its stake in Capital Group Dividend Value ETF by 5.0% in the 4th quarter. Kaizen Financial Strategies now owns 304,926 shares of the company’s stock worth $13,307,000 after purchasing an additional 14,641 shares in the last quarter. AA Financial Advisors LLC boosted its stake in Capital Group Dividend Value ETF by 4.5% in the 4th quarter. AA Financial Advisors LLC now owns 755,250 shares of the company’s stock worth $32,959,000 after purchasing an additional 32,219 shares in the last quarter. Finally, Mason Investment Advisory Services Inc. boosted its stake in Capital Group Dividend Value ETF by 7.3% in the 3rd quarter. Mason Investment Advisory Services Inc. now owns 476,407 shares of the company’s stock worth $20,023,000 after purchasing an additional 32,420 shares in the last quarter.

Capital Group Dividend Value ETF Price Performance

Shares of Capital Group Dividend Value ETF stock opened at $48.25 on Thursday. The stock has a market cap of $34.80 billion, a price-to-earnings ratio of 26.59 and a beta of 0.89. The firm’s 50-day moving average is $45.39 and its 200 day moving average is $44.61. Capital Group Dividend Value ETF has a 1 year low of $36.72 and a 1 year high of $48.49.

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.