Ewa LLC Buys Shares of 194,292 Capital Group Dividend Value ETF $CGDV

Ewa LLC bought a new stake in Capital Group Dividend Value ETF (NYSEARCA:CGDV) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 194,292 shares of the company’s stock, valued at approximately $8,265,000. Capital Group Dividend Value ETF accounts for approximately 1.9% of Ewa LLC’s investment portfolio, making the stock its 11th largest position.

A number of other large investors also recently made changes to their positions in the business. Pflug Koory LLC purchased a new position in Capital Group Dividend Value ETF during the fourth quarter valued at approximately $25,000. Triumph Capital Management acquired a new position in Capital Group Dividend Value ETF in the 3rd quarter valued at approximately $32,000. Bay Harbor Wealth Management LLC purchased a new stake in Capital Group Dividend Value ETF in the 4th quarter worth approximately $32,000. Tucker Asset Management LLC purchased a new stake in Capital Group Dividend Value ETF in the 4th quarter worth approximately $32,000. Finally, Flagship Wealth Advisors LLC acquired a new stake in shares of Capital Group Dividend Value ETF during the 4th quarter valued at $32,000.

Capital Group Dividend Value ETF Stock Up 1.6%

Shares of NYSEARCA:CGDV opened at $49.26 on Tuesday. The firm has a fifty day moving average of $47.75 and a two-hundred day moving average of $45.50. Capital Group Dividend Value ETF has a 12-month low of $39.36 and a 12-month high of $49.43. The firm has a market capitalization of $35.53 billion, a P/E ratio of 26.59 and a beta of 0.89.

Capital Group Dividend Value ETF 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.