US Bancorp DE Grows Stock Position in Capital Group Dividend Value ETF (NYSEARCA:CGDV)

US Bancorp DE grew its holdings in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 103.2% in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 105,023 shares of the company’s stock after purchasing an additional 53,340 shares during the quarter. US Bancorp DE’s holdings in Capital Group Dividend Value ETF were worth $3,743,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. Hughes Financial Services LLC bought a new position in Capital Group Dividend Value ETF in the 1st quarter worth approximately $28,000. Golden State Wealth Management LLC bought a new position in Capital Group Dividend Value ETF in the 1st quarter worth approximately $32,000. Fifth Third Bancorp bought a new position in Capital Group Dividend Value ETF in the 1st quarter worth approximately $37,000. ORG Partners LLC boosted its stake in Capital Group Dividend Value ETF by 100.4% in the 1st quarter. ORG Partners LLC now owns 1,102 shares of the company’s stock worth $39,000 after purchasing an additional 552 shares during the period. Finally, EQ Wealth Advisors LLC bought a new position in Capital Group Dividend Value ETF in the 1st quarter worth approximately $56,000.

Capital Group Dividend Value ETF Price Performance

CGDV stock opened at $40.51 on Wednesday. Capital Group Dividend Value ETF has a 1-year low of $30.94 and a 1-year high of $41.30. The company has a market capitalization of $19.55 billion, a price-to-earnings ratio of 26.59 and a beta of 0.91. The business has a 50 day simple moving average of $39.44 and a two-hundred day simple moving average of $37.07.

Capital Group Dividend Value ETF 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.