SteelPeak Wealth LLC Sells 16,054 Shares of Capital Group Dividend Value ETF $CGDV

SteelPeak Wealth LLC lowered its position in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 33.9% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 31,295 shares of the company’s stock after selling 16,054 shares during the period. SteelPeak Wealth LLC’s holdings in Capital Group Dividend Value ETF were worth $1,366,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently modified their holdings of the company. Raymond James Financial Inc. increased its position in shares of Capital Group Dividend Value ETF by 14.3% during the third quarter. Raymond James Financial Inc. now owns 22,125,677 shares of the company’s stock worth $929,942,000 after buying an additional 2,772,053 shares during the period. Bank of America Corp DE lifted its holdings 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 buying an additional 2,688,496 shares during the period. Jones Financial Companies Lllp lifted its holdings in Capital Group Dividend Value ETF by 39.1% in the third quarter. Jones Financial Companies Lllp now owns 7,854,486 shares of the company’s stock valued at $328,634,000 after buying an additional 2,208,093 shares during the period. Mainstay Capital Management LLC ADV bought a new stake in Capital Group Dividend Value ETF during the third quarter valued at $70,987,000. Finally, Merit Financial Group LLC boosted its position in Capital Group Dividend Value ETF by 465.5% during the third quarter. Merit Financial Group LLC now owns 1,690,161 shares of the company’s stock valued at $71,037,000 after acquiring an additional 1,391,257 shares during the last quarter.

Capital Group Dividend Value ETF Stock Performance

Shares of Capital Group Dividend Value ETF stock opened at $42.69 on Friday. The business has a 50-day moving average price of $44.39 and a two-hundred day moving average price of $43.55. 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 P/E ratio of 26.59 and a beta of 0.89.

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.