Beacon Financial Advisory LLC grew its holdings in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV – Free Report) by 3.9% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 417,491 shares of the company’s stock after purchasing an additional 15,759 shares during the quarter. Capital Group Dividend Value ETF comprises approximately 4.2% of Beacon Financial Advisory LLC’s portfolio, making the stock its 2nd biggest holding. Beacon Financial Advisory LLC owned 0.07% of Capital Group Dividend Value ETF worth $18,219,000 at the end of the most recent quarter.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Clark Capital Management Group Inc. boosted its stake in Capital Group Dividend Value ETF by 2.4% in the third quarter. Clark Capital Management Group Inc. now owns 9,984 shares of the company’s stock worth $420,000 after buying an additional 238 shares in the last quarter. Cim LLC lifted its position in shares of Capital Group Dividend Value ETF by 2.3% in the 3rd quarter. Cim LLC now owns 11,280 shares of the company’s stock worth $474,000 after purchasing an additional 250 shares during the period. Ameriprise Financial Inc. increased its position in shares of Capital Group Dividend Value ETF by 1.7% during the second quarter. Ameriprise Financial Inc. now owns 16,080 shares of the company’s stock valued at $635,000 after buying an additional 263 shares during the period. OneAscent Financial Services LLC raised its stake in Capital Group Dividend Value ETF by 0.7% in the fourth quarter. OneAscent Financial Services LLC now owns 43,691 shares of the company’s stock worth $1,907,000 after buying an additional 294 shares in the last quarter. Finally, Prospect Financial Services LLC lifted its holdings in Capital Group Dividend Value ETF by 2.5% in the fourth quarter. Prospect Financial Services LLC now owns 12,925 shares of the company’s stock worth $564,000 after buying an additional 312 shares during the period.
Capital Group Dividend Value ETF Trading Up 1.4%
Shares of CGDV stock opened at $49.22 on Tuesday. The company’s fifty day moving average price is $46.87 and its 200-day moving average price is $45.13. The stock has a market cap of $35.50 billion, a PE ratio of 26.59 and a beta of 0.89. Capital Group Dividend Value ETF has a 12 month low of $38.00 and a 12 month high of $49.43.
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.
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