Signature Estate & Investment Advisors LLC increased its position in Capital Group Dividend Value ETF (NYSEARCA:CGDV – Free Report) by 4.8% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 243,850 shares of the company’s stock after buying an additional 11,233 shares during the period. Signature Estate & Investment Advisors LLC’s holdings in Capital Group Dividend Value ETF were worth $10,642,000 at the end of the most recent reporting period.
A number of other hedge funds have also recently added to or reduced their stakes in CGDV. Raymond James Financial Inc. lifted its stake in Capital Group Dividend Value ETF by 14.3% in the third quarter. Raymond James Financial Inc. now owns 22,125,677 shares of the company’s stock valued at $929,942,000 after acquiring an additional 2,772,053 shares during the last quarter. Envestnet Asset Management Inc. lifted its stake in Capital Group Dividend Value ETF by 4.0% in the third quarter. Envestnet Asset Management Inc. now owns 17,388,906 shares of the company’s stock valued at $730,856,000 after acquiring an additional 668,214 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its stake in Capital Group Dividend Value ETF by 8.9% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 16,693,552 shares of the company’s stock valued at $701,630,000 after acquiring an additional 1,365,491 shares during the last quarter. Bank of America Corp DE lifted its stake in Capital Group Dividend Value ETF by 20.4% in the third quarter. Bank of America Corp DE now owns 15,868,443 shares of the company’s stock valued at $666,951,000 after acquiring an additional 2,688,496 shares during the last quarter. Finally, Advance Capital Management Inc. lifted its stake in Capital Group Dividend Value ETF by 2.4% in the fourth quarter. Advance Capital Management Inc. now owns 10,051,233 shares of the company’s stock valued at $438,636,000 after acquiring an additional 231,646 shares during the last quarter.
Capital Group Dividend Value ETF Price Performance
Capital Group Dividend Value ETF stock opened at $47.88 on Friday. The company has a market capitalization of $34.53 billion, a price-to-earnings ratio of 26.59 and a beta of 0.89. Capital Group Dividend Value ETF has a one year low of $36.10 and a one year high of $48.49. The company’s fifty day moving average price is $45.05 and its two-hundred day moving average price is $44.45.
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.
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