Assetmark Inc. Increases Stock Holdings in Capital Group Dividend Value ETF $CGDV

Assetmark Inc. increased its stake in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 11.0% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 845,682 shares of the company’s stock after buying an additional 83,781 shares during the quarter. Assetmark Inc. owned 0.12% of Capital Group Dividend Value ETF worth $35,975,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of CGDV. Berger Financial Group Inc raised its holdings in shares of Capital Group Dividend Value ETF by 3.1% in the first quarter. Berger Financial Group Inc now owns 7,519 shares of the company’s stock valued at $320,000 after purchasing an additional 224 shares during the last quarter. Clark Capital Management Group Inc. increased its stake in Capital Group Dividend Value ETF by 2.4% in the 3rd quarter. Clark Capital Management Group Inc. now owns 9,984 shares of the company’s stock valued at $420,000 after buying an additional 238 shares during the last quarter. Cim LLC increased its stake in Capital Group Dividend Value ETF by 2.3% in the 3rd quarter. Cim LLC now owns 11,280 shares of the company’s stock valued at $474,000 after buying an additional 250 shares during the last quarter. Ameriprise Financial Inc. lifted its position in shares of Capital Group Dividend Value ETF by 1.7% during the 2nd quarter. Ameriprise Financial Inc. now owns 16,080 shares of the company’s stock worth $635,000 after buying an additional 263 shares in the last quarter. Finally, OneAscent Financial Services LLC lifted its position in shares of Capital Group Dividend Value ETF by 0.7% during the 4th quarter. OneAscent Financial Services LLC now owns 43,691 shares of the company’s stock worth $1,907,000 after buying an additional 294 shares in the last quarter.

Capital Group Dividend Value ETF Stock Down 0.9%

CGDV stock opened at $48.79 on Friday. The firm has a market cap of $36.51 billion, a PE ratio of 26.59 and a beta of 0.88. The business has a 50 day moving average of $48.53 and a 200-day moving average of $46.01. Capital Group Dividend Value ETF has a 12-month low of $39.87 and a 12-month high of $49.55.

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.