19,232 Shares in Capital Group Dividend Value ETF $CGDV Acquired by Birchwood Financial Partners Inc.

Birchwood Financial Partners Inc. bought a new position in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 19,232 shares of the company’s stock, valued at approximately $839,000. Capital Group Dividend Value ETF accounts for 0.8% of Birchwood Financial Partners Inc.’s portfolio, making the stock its 27th largest holding.

Several other large investors have also added to or reduced their stakes in CGDV. LPL Financial LLC boosted its position in shares of 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 worth $2,770,731,000 after purchasing an additional 10,904,954 shares during the period. Axxcess Wealth Management LLC increased its stake in shares of Capital Group Dividend Value ETF by 448.9% in the fourth quarter. Axxcess Wealth Management LLC now owns 3,520,015 shares of the company’s stock worth $153,613,000 after purchasing an additional 2,878,723 shares in the last quarter. Raymond James Financial Inc. raised its position in shares of Capital Group Dividend Value ETF by 14.3% during the 3rd quarter. Raymond James Financial Inc. now owns 22,125,677 shares of the company’s stock valued at $929,942,000 after purchasing an additional 2,772,053 shares during the period. Wells Fargo & Company MN raised its position in shares of Capital Group Dividend Value ETF by 20.1% during the 4th quarter. Wells Fargo & Company MN now owns 16,311,223 shares of the company’s stock valued at $711,822,000 after purchasing an additional 2,729,408 shares during the period. Finally, Bank of America Corp DE raised its position in shares of Capital Group Dividend Value ETF by 20.4% during the 3rd quarter. Bank of America Corp DE now owns 15,868,443 shares of the company’s stock valued at $666,951,000 after purchasing an additional 2,688,496 shares during the period.

Capital Group Dividend Value ETF Stock Performance

CGDV opened at $48.99 on Friday. The stock has a market cap of $35.33 billion, a price-to-earnings ratio of 26.59 and a beta of 0.89. The firm’s fifty day moving average is $47.23 and its 200 day moving average is $45.24. Capital Group Dividend Value ETF has a fifty-two week low of $38.00 and a fifty-two week high of $49.43.

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.