Capital Group Dividend Value ETF $CGDV Shares Bought by Greenbush Financial Group LLC

Greenbush Financial Group LLC raised its stake in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 8.9% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 320,476 shares of the company’s stock after purchasing an additional 26,303 shares during the period. Capital Group Dividend Value ETF accounts for approximately 4.5% of Greenbush Financial Group LLC’s holdings, making the stock its 10th biggest holding. Greenbush Financial Group LLC’s holdings in Capital Group Dividend Value ETF were worth $13,633,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. LPL Financial LLC increased its holdings in 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 valued at $2,770,731,000 after buying an additional 10,904,954 shares during the last quarter. Axxcess Wealth Management LLC lifted its holdings in Capital Group Dividend Value ETF by 448.9% during the 4th quarter. Axxcess Wealth Management LLC now owns 3,520,015 shares of the company’s stock worth $153,613,000 after buying an additional 2,878,723 shares during the last quarter. Raymond James Financial Inc. lifted its holdings in 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 worth $929,942,000 after buying an additional 2,772,053 shares during the last quarter. Wells Fargo & Company MN grew its position in shares of Capital Group Dividend Value ETF by 20.1% in the 4th quarter. Wells Fargo & Company MN now owns 16,311,223 shares of the company’s stock worth $711,822,000 after acquiring an additional 2,729,408 shares in the last quarter. Finally, Bank of America Corp DE grew its position in shares of Capital Group Dividend Value ETF by 20.4% in the 3rd quarter. Bank of America Corp DE now owns 15,868,443 shares of the company’s stock worth $666,951,000 after acquiring an additional 2,688,496 shares in the last quarter.

Capital Group Dividend Value ETF Trading Down 0.3%

CGDV stock opened at $48.85 on Tuesday. The firm has a market cap of $35.23 billion, a P/E ratio of 26.59 and a beta of 0.89. Capital Group Dividend Value ETF has a 12-month low of $38.00 and a 12-month high of $49.43. The stock’s 50 day simple moving average is $47.40 and its 200 day simple moving average is $45.32.

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.