WNY Asset Management LLC acquired a new stake in Capital Group Dividend Value ETF (NYSEARCA:CGDV – Free Report) in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 1,590,216 shares of the company’s stock, valued at approximately $67,648,000. Capital Group Dividend Value ETF makes up 7.0% of WNY Asset Management LLC’s holdings, making the stock its 3rd biggest holding.
Several other large investors have also made changes to their positions in CGDV. Pflug Koory LLC purchased a new stake in Capital Group Dividend Value ETF in the 4th quarter worth $25,000. Triumph Capital Management purchased a new position in Capital Group Dividend Value ETF during the third quarter valued at $32,000. Bay Harbor Wealth Management LLC purchased a new position in Capital Group Dividend Value ETF during the fourth quarter valued at $32,000. Tucker Asset Management LLC purchased a new position in Capital Group Dividend Value ETF during the fourth quarter valued at $32,000. Finally, Flagship Wealth Advisors LLC acquired a new stake in shares of Capital Group Dividend Value ETF in the fourth quarter valued at about $32,000.
Capital Group Dividend Value ETF Stock Up 0.6%
Shares of NYSEARCA CGDV opened at $49.54 on Friday. The firm has a market cap of $37.28 billion, a price-to-earnings ratio of 26.59 and a beta of 0.88. The company’s 50-day simple moving average is $48.77 and its 200-day simple moving average is $46.35. Capital Group Dividend Value ETF has a 52-week low of $39.87 and a 52-week high of $49.65.
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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