Advisortrust Partners LLC Buys Shares of 58,907 Capital Group Dividend Value ETF $CGDV

Advisortrust Partners LLC bought a new stake in Capital Group Dividend Value ETF (NYSEARCA:CGDV) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 58,907 shares of the company’s stock, valued at approximately $2,571,000. Capital Group Dividend Value ETF accounts for approximately 1.1% of Advisortrust Partners LLC’s investment portfolio, making the stock its 24th largest holding.

Several other large investors have also modified their holdings of CGDV. Pflug Koory LLC acquired a new position in shares of Capital Group Dividend Value ETF during the fourth quarter worth about $25,000. Flagship Wealth Advisors LLC purchased a new position in Capital Group Dividend Value ETF during the fourth quarter worth about $32,000. Bay Harbor Wealth Management LLC acquired a new stake in Capital Group Dividend Value ETF in the fourth quarter valued at about $32,000. Tucker Asset Management LLC acquired a new stake in Capital Group Dividend Value ETF in the fourth quarter valued at about $32,000. Finally, Triumph Capital Management purchased a new stake in Capital Group Dividend Value ETF in the 3rd quarter valued at approximately $32,000.

Capital Group Dividend Value ETF Stock Performance

NYSEARCA CGDV opened at $48.99 on Friday. The business’s 50 day moving average is $47.32 and its two-hundred day moving average is $45.26. Capital Group Dividend Value ETF has a 12-month low of $38.00 and a 12-month high of $49.43. The stock has a market capitalization of $35.33 billion, a price-to-earnings ratio of 26.59 and a beta of 0.89.

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.