Armor Investment Advisors LLC increased its holdings in Capital Group Dividend Value ETF (NYSEARCA:CGDV – Free Report) by 108.2% during the 1st quarter, HoldingsChannel reports. The firm owned 215,348 shares of the company’s stock after buying an additional 111,897 shares during the period. Capital Group Dividend Value ETF accounts for approximately 3.3% of Armor Investment Advisors LLC’s portfolio, making the stock its 9th largest position. Armor Investment Advisors LLC’s holdings in Capital Group Dividend Value ETF were worth $9,161,000 at the end of the most recent reporting period.
Several other hedge funds have also recently made changes to their positions in CGDV. Pflug Koory LLC purchased a new position in Capital Group Dividend Value ETF in the fourth quarter worth about $25,000. Triumph Capital Management bought a new position in Capital Group Dividend Value ETF during the third quarter valued at $32,000. Bay Harbor Wealth Management LLC purchased a new stake in Capital Group Dividend Value ETF in the 4th quarter worth about $32,000. Tucker Asset Management LLC purchased a new stake in shares of Capital Group Dividend Value ETF in the fourth quarter worth approximately $32,000. Finally, Flagship Wealth Advisors LLC bought a new stake in shares of Capital Group Dividend Value ETF during the fourth quarter worth $32,000.
Capital Group Dividend Value ETF Stock Performance
Shares of NYSEARCA:CGDV opened at $48.92 on Wednesday. The firm’s 50 day simple moving average is $48.13 and its 200-day simple moving average is $45.73. The firm has a market cap of $36.87 billion, a PE ratio of 26.59 and a beta of 0.88. Capital Group Dividend Value ETF has a one year low of $39.87 and a one year high of $49.44.
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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Want to see what other hedge funds are holding CGDV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Capital Group Dividend Value ETF (NYSEARCA:CGDV – Free Report).
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