Astoria Portfolio Advisors LLC. Invests $2.03 Million in Capital Group Dividend Value ETF $CGDV

Astoria Portfolio Advisors LLC. purchased a new position in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 44,572 shares of the company’s stock, valued at approximately $2,028,000. Capital Group Dividend Value ETF accounts for approximately 0.5% of Astoria Portfolio Advisors LLC.’s investment portfolio, making the stock its 29th biggest position.

Several other hedge funds have also recently modified their holdings of the stock. LPL Financial LLC lifted its position in Capital Group Dividend Value ETF by 20.7% in the fourth quarter. LPL Financial LLC now owns 63,490,640 shares of the company’s stock valued at $2,770,731,000 after purchasing an additional 10,904,954 shares during the period. Raymond James Financial Inc. grew its holdings in Capital Group Dividend Value ETF by 6.6% during the fourth quarter. Raymond James Financial Inc. now owns 23,591,243 shares of the company’s stock worth $1,029,522,000 after acquiring an additional 1,465,566 shares during the period. Capital International Investors raised its position in Capital Group Dividend Value ETF by 1.8% in the fourth quarter. Capital International Investors now owns 22,899,119 shares of the company’s stock worth $999,318,000 after acquiring an additional 397,762 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its position in Capital Group Dividend Value ETF by 12.3% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 18,754,937 shares of the company’s stock worth $818,465,000 after acquiring an additional 2,061,385 shares in the last quarter. Finally, Cetera Investment Advisers lifted its holdings in Capital Group Dividend Value ETF by 14.5% in the fourth quarter. Cetera Investment Advisers now owns 16,399,426 shares of the company’s stock valued at $715,671,000 after acquiring an additional 2,082,860 shares during the period.

Capital Group Dividend Value ETF Stock Performance

Capital Group Dividend Value ETF stock opened at $48.99 on Friday. The company has a market cap of $35.33 billion, a P/E ratio of 26.59 and a beta of 0.89. Capital Group Dividend Value ETF has a one year low of $38.00 and a one year high of $49.43. The business has a fifty day moving average of $47.23 and a two-hundred day moving average of $45.24.

About Capital Group Dividend Value ETF

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.