26,450 Shares in Capital Group Dividend Value ETF $CGDV Bought by Clear Harbor Asset Management LLC

Clear Harbor Asset Management LLC purchased a new position in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 26,450 shares of the company’s stock, valued at approximately $1,154,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Essex Financial Services Inc. boosted its position in Capital Group Dividend Value ETF by 9.3% in the 4th quarter. Essex Financial Services Inc. now owns 258,693 shares of the company’s stock valued at $11,289,000 after buying an additional 22,038 shares during the last quarter. Founders Financial Securities LLC boosted its position in Capital Group Dividend Value ETF by 19.6% in the 4th quarter. Founders Financial Securities LLC now owns 264,834 shares of the company’s stock valued at $11,557,000 after buying an additional 43,342 shares during the last quarter. Principia Wealth Advisory LLC boosted its position in Capital Group Dividend Value ETF by 53.6% in the 4th quarter. Principia Wealth Advisory LLC now owns 6,091 shares of the company’s stock valued at $266,000 after buying an additional 2,126 shares during the last quarter. Rothschild Investment LLC boosted its position in Capital Group Dividend Value ETF by 7.1% in the 4th quarter. Rothschild Investment LLC now owns 226,713 shares of the company’s stock valued at $9,894,000 after buying an additional 15,004 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. boosted its position in Capital Group Dividend Value ETF by 12.3% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 18,754,937 shares of the company’s stock valued at $818,465,000 after buying an additional 2,061,385 shares during the last quarter.

Capital Group Dividend Value ETF Price Performance

NYSEARCA:CGDV opened at $48.75 on Tuesday. The firm has a 50-day moving average of $45.70 and a two-hundred day moving average of $44.73. The stock has a market cap of $35.16 billion, a P/E ratio of 26.59 and a beta of 0.89. Capital Group Dividend Value ETF has a 1-year low of $36.90 and a 1-year high of $48.85.

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.