Vestmark Advisory Solutions Inc. grew its position in Capital Group Dividend Value ETF (NYSEARCA:CGDV – Free Report) by 6.1% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 549,049 shares of the company’s stock after acquiring an additional 31,694 shares during the period. Vestmark Advisory Solutions Inc.’s holdings in Capital Group Dividend Value ETF were worth $23,960,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds also recently made changes to their positions in CGDV. Pflug Koory LLC acquired a new position in shares of Capital Group Dividend Value ETF in the 4th quarter valued at $25,000. Triumph Capital Management acquired a new position in shares of Capital Group Dividend Value ETF in the 3rd quarter valued at $32,000. Bay Harbor Wealth Management LLC acquired a new position in shares of Capital Group Dividend Value ETF in the 4th quarter valued at $32,000. Tucker Asset Management LLC bought a new stake in Capital Group Dividend Value ETF in the 4th quarter valued at $32,000. Finally, CoreCap Advisors LLC boosted its stake in Capital Group Dividend Value ETF by 93.8% in the 4th quarter. CoreCap Advisors LLC now owns 849 shares of the company’s stock worth $37,000 after purchasing an additional 411 shares during the period.
Capital Group Dividend Value ETF Trading Up 0.3%
Shares of NYSEARCA CGDV opened at $47.88 on Friday. The company has a fifty day moving average price of $45.05 and a 200 day moving average price of $44.45. The firm has a market cap of $34.53 billion, a PE ratio of 26.59 and a beta of 0.89. Capital Group Dividend Value ETF has a 1-year low of $36.10 and a 1-year high of $48.49.
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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Want to see what other hedge funds are holding CGDV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Capital Group Dividend Value ETF (NYSEARCA:CGDV – Free Report).
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