Hunter Associates Investment Management LLC Has $11.24 Million Position in Capital Group Dividend Value ETF $CGDV

Hunter Associates Investment Management LLC grew its position in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 14.5% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 264,079 shares of the company’s stock after acquiring an additional 33,383 shares during the period. Capital Group Dividend Value ETF comprises about 1.5% of Hunter Associates Investment Management LLC’s portfolio, making the stock its 14th largest holding. Hunter Associates Investment Management LLC’s holdings in Capital Group Dividend Value ETF were worth $11,241,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of CGDV. Pflug Koory LLC bought a new stake in shares of Capital Group Dividend Value ETF in the 4th quarter valued at about $25,000. Triumph Capital Management bought a new position in Capital Group Dividend Value ETF during the third quarter worth about $32,000. Bay Harbor Wealth Management LLC bought a new position in Capital Group Dividend Value ETF during the fourth quarter worth about $32,000. Tucker Asset Management LLC acquired a new position in Capital Group Dividend Value ETF during the fourth quarter worth approximately $32,000. Finally, Flagship Wealth Advisors LLC acquired a new position in Capital Group Dividend Value ETF during the fourth quarter worth approximately $32,000.

Capital Group Dividend Value ETF Price Performance

NYSEARCA:CGDV opened at $48.95 on Friday. The stock’s 50 day moving average price is $48.01 and its two-hundred day moving average price is $45.63. The firm has a market capitalization of $36.89 billion, a price-to-earnings ratio of 26.59 and a beta of 0.88. Capital Group Dividend Value ETF has a 12-month low of $39.76 and a 12-month high of $49.44.

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.