Capital International Investors Buys 397,762 Shares of Capital Group Dividend Value ETF $CGDV

Capital International Investors raised its stake in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 1.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 22,899,119 shares of the company’s stock after acquiring an additional 397,762 shares during the period. Capital International Investors owned about 3.59% of Capital Group Dividend Value ETF worth $999,318,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of the business. Armstrong Fleming & Moore Inc increased its stake in shares of Capital Group Dividend Value ETF by 22.0% in the fourth quarter. Armstrong Fleming & Moore Inc now owns 250,179 shares of the company’s stock valued at $10,918,000 after buying an additional 45,077 shares in the last quarter. Cozad Asset Management Inc. increased its stake in shares of Capital Group Dividend Value ETF by 116.8% in the third quarter. Cozad Asset Management Inc. now owns 179,357 shares of the company’s stock valued at $7,538,000 after buying an additional 96,612 shares in the last quarter. Kaizen Financial Strategies increased its stake in shares of Capital Group Dividend Value ETF by 5.0% in the fourth quarter. Kaizen Financial Strategies now owns 304,926 shares of the company’s stock valued at $13,307,000 after buying an additional 14,641 shares in the last quarter. Mason Investment Advisory Services Inc. increased its stake in shares of Capital Group Dividend Value ETF by 7.3% in the third quarter. Mason Investment Advisory Services Inc. now owns 476,407 shares of the company’s stock valued at $20,023,000 after buying an additional 32,420 shares in the last quarter. Finally, AA Financial Advisors LLC increased its stake in shares of Capital Group Dividend Value ETF by 4.5% in the fourth quarter. AA Financial Advisors LLC now owns 755,250 shares of the company’s stock valued at $32,959,000 after buying an additional 32,219 shares in the last quarter.

Capital Group Dividend Value ETF Stock Performance

Shares of NYSEARCA:CGDV opened at $47.88 on Friday. Capital Group Dividend Value ETF has a twelve month low of $37.98 and a twelve month high of $49.10. The firm has a market cap of $34.53 billion, a PE ratio of 26.59 and a beta of 0.89. The business has a fifty day moving average of $46.16 and a 200-day moving average of $44.87.

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.