Apollon Wealth Management LLC Has $18.98 Million Position in Capital Group Dividend Value ETF $CGDV

Apollon Wealth Management LLC grew its position in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 9.6% in the first quarter, HoldingsChannel.com reports. The fund owned 446,219 shares of the company’s stock after buying an additional 38,920 shares during the period. Apollon Wealth Management LLC’s holdings in Capital Group Dividend Value ETF were worth $18,982,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently modified their holdings of the company. Clark Capital Management Group Inc. raised its holdings in shares of Capital Group Dividend Value ETF by 2.4% in the 3rd quarter. Clark Capital Management Group Inc. now owns 9,984 shares of the company’s stock valued at $420,000 after purchasing an additional 238 shares during the period. Cim LLC increased its position in Capital Group Dividend Value ETF by 2.3% during the third quarter. Cim LLC now owns 11,280 shares of the company’s stock worth $474,000 after buying an additional 250 shares during the last quarter. Ameriprise Financial Inc. raised its stake in Capital Group Dividend Value ETF by 1.7% in 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 valued at $1,907,000 after buying an additional 294 shares during the period. Finally, Prospect Financial Services LLC lifted its position in shares of 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 valued at $564,000 after buying an additional 312 shares during the last quarter.

Capital Group Dividend Value ETF Stock Performance

Shares of NYSEARCA CGDV opened at $48.49 on Monday. The company has a market capitalization of $34.97 billion, a P/E ratio of 26.59 and a beta of 0.89. Capital Group Dividend Value ETF has a 12 month low of $39.23 and a 12 month high of $49.43. The stock has a 50 day moving average of $47.67 and a 200-day moving average of $45.45.

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.