Capital Group Dividend Value ETF $CGDV Shares Acquired by Stratos Wealth Partners LTD.

Stratos Wealth Partners LTD. increased its stake in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 49.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 245,973 shares of the company’s stock after buying an additional 81,269 shares during the quarter. Stratos Wealth Partners LTD.’s holdings in Capital Group Dividend Value ETF were worth $10,734,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the stock. AQR Capital Management LLC purchased a new stake in Capital Group Dividend Value ETF during the 1st quarter valued at approximately $236,000. Franklin Resources Inc. purchased a new position in shares of Capital Group Dividend Value ETF in the 2nd quarter valued at approximately $226,000. Russell Investments Group Ltd. grew its stake in shares of Capital Group Dividend Value ETF by 24.9% in the 2nd quarter. Russell Investments Group Ltd. now owns 4,638 shares of the company’s stock valued at $183,000 after purchasing an additional 925 shares during the last quarter. Beacon Pointe Advisors LLC acquired a new position in shares of Capital Group Dividend Value ETF in the second quarter valued at approximately $1,479,000. Finally, Brown Advisory Inc. increased its holdings in shares of Capital Group Dividend Value ETF by 22.7% in the second quarter. Brown Advisory Inc. now owns 22,270 shares of the company’s stock valued at $879,000 after purchasing an additional 4,118 shares during the period.

Capital Group Dividend Value ETF Price Performance

Capital Group Dividend Value ETF stock opened at $42.69 on Friday. The business has a 50 day simple moving average of $44.39 and a 200-day simple moving average of $43.55. Capital Group Dividend Value ETF has a 12 month low of $30.94 and a 12 month high of $46.01. The stock has a market capitalization of $28.98 billion, a PE ratio of 26.59 and a beta of 0.89.

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.