Saxony Capital Management LLC lifted its position in Capital Group Dividend Value ETF (NYSEARCA:CGDV – Free Report) by 130.2% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 39,184 shares of the company’s stock after buying an additional 22,160 shares during the period. Capital Group Dividend Value ETF makes up 1.0% of Saxony Capital Management LLC’s holdings, making the stock its 28th largest position. Saxony Capital Management LLC’s holdings in Capital Group Dividend Value ETF were worth $1,710,000 at the end of the most recent quarter.
Other institutional investors have also modified their holdings of the company. Triumph Capital Management bought a new position in Capital Group Dividend Value ETF during the third quarter valued at about $32,000. CoreCap Advisors LLC raised its position in Capital Group Dividend Value ETF by 93.8% in the fourth quarter. CoreCap Advisors LLC now owns 849 shares of the company’s stock worth $37,000 after acquiring an additional 411 shares in the last quarter. Banco de Sabadell S.A bought a new stake in Capital Group Dividend Value ETF in the second quarter worth about $47,000. MassMutual Private Wealth & Trust FSB lifted its holdings in Capital Group Dividend Value ETF by 38,200.0% in the 3rd quarter. MassMutual Private Wealth & Trust FSB now owns 1,149 shares of the company’s stock valued at $48,000 after acquiring an additional 1,146 shares during the last quarter. Finally, Huntington National Bank acquired a new stake in Capital Group Dividend Value ETF in the 3rd quarter valued at about $49,000.
Capital Group Dividend Value ETF Trading Down 0.6%
NYSEARCA:CGDV opened at $41.46 on Tuesday. The company has a 50-day moving average of $44.51 and a 200-day moving average of $43.54. The firm has a market cap of $26.48 billion, a price-to-earnings ratio of 26.59 and a beta of 0.89. Capital Group Dividend Value ETF has a twelve month low of $30.94 and a twelve month high of $46.01.
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.
Further Reading
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