Clearwave Capital LLC Purchases Shares of 16,138 Capital Group Dividend Value ETF $CGDV

Clearwave Capital LLC acquired a new position in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 16,138 shares of the company’s stock, valued at approximately $704,000.

A number of other large investors have also recently made changes to their positions in CGDV. LPL Financial LLC increased its stake 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 acquiring 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 grew its holdings in Capital Group Dividend Value ETF by 1.8% during 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 during the period. Northwestern Mutual Wealth Management Co. raised its position in Capital Group Dividend Value ETF by 12.3% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 18,754,937 shares of the company’s stock valued at $818,465,000 after acquiring an additional 2,061,385 shares in the last quarter. Finally, Cetera Investment Advisers raised its position in Capital Group Dividend Value ETF by 14.5% during 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 in the last quarter.

Capital Group Dividend Value ETF Stock Performance

Shares of NYSEARCA:CGDV opened at $48.99 on Friday. Capital Group Dividend Value ETF has a 12-month low of $38.00 and a 12-month high of $49.43. The company has a market capitalization of $35.33 billion, a PE ratio of 26.59 and a beta of 0.89. The business has a 50 day moving average of $47.32 and a two-hundred day moving average of $45.26.

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.