Blue Trust Inc. Purchases 14,762 Shares of Capital Group Dividend Value ETF $CGDV

Blue Trust Inc. grew its position in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 1,220.0% in the 4th quarter, Holdings Channel reports. The institutional investor owned 15,972 shares of the company’s stock after purchasing an additional 14,762 shares during the period. Blue Trust Inc.’s holdings in Capital Group Dividend Value ETF were worth $697,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Triumph Capital Management acquired a new position in shares of Capital Group Dividend Value ETF during the third quarter valued at $32,000. CoreCap Advisors LLC boosted its holdings in Capital Group Dividend Value ETF by 93.8% in the fourth quarter. CoreCap Advisors LLC now owns 849 shares of the company’s stock valued at $37,000 after acquiring an additional 411 shares during the last quarter. MassMutual Private Wealth & Trust FSB increased its position in Capital Group Dividend Value ETF by 38,200.0% in the third quarter. MassMutual Private Wealth & Trust FSB now owns 1,149 shares of the company’s stock worth $48,000 after purchasing an additional 1,146 shares during the period. Huntington National Bank acquired a new stake in Capital Group Dividend Value ETF in the third quarter worth about $49,000. Finally, Banco de Sabadell S.A bought a new stake in Capital Group Dividend Value ETF during the 2nd quarter worth about $47,000.

Capital Group Dividend Value ETF Stock Performance

Capital Group Dividend Value ETF stock opened at $42.69 on Friday. Capital Group Dividend Value ETF has a 1 year low of $30.94 and a 1 year high of $46.01. The company has a market cap of $28.98 billion, a PE ratio of 26.59 and a beta of 0.89. The company’s 50-day moving average is $44.39 and its two-hundred day moving average is $43.55.

Capital Group Dividend Value ETF Company 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.