Janney Montgomery Scott LLC Grows Holdings in Capital Group Dividend Value ETF $CGDV

Janney Montgomery Scott LLC grew its holdings in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 9.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,928,421 shares of the company’s stock after buying an additional 242,466 shares during the quarter. Janney Montgomery Scott LLC’s holdings in Capital Group Dividend Value ETF were worth $127,796,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in CGDV. Armstrong Fleming & Moore Inc lifted its stake in Capital Group Dividend Value ETF by 22.0% during the fourth quarter. Armstrong Fleming & Moore Inc now owns 250,179 shares of the company’s stock worth $10,918,000 after purchasing an additional 45,077 shares during the last quarter. Cozad Asset Management Inc. lifted its stake in Capital Group Dividend Value ETF by 116.8% during the third quarter. Cozad Asset Management Inc. now owns 179,357 shares of the company’s stock worth $7,538,000 after purchasing an additional 96,612 shares during the last quarter. Kaizen Financial Strategies lifted its stake in Capital Group Dividend Value ETF by 5.0% during the fourth quarter. Kaizen Financial Strategies now owns 304,926 shares of the company’s stock worth $13,307,000 after purchasing an additional 14,641 shares during the last quarter. Mason Investment Advisory Services Inc. lifted its stake in Capital Group Dividend Value ETF by 7.3% during the third quarter. Mason Investment Advisory Services Inc. now owns 476,407 shares of the company’s stock worth $20,023,000 after purchasing an additional 32,420 shares during the last quarter. Finally, AA Financial Advisors LLC lifted its stake in Capital Group Dividend Value ETF by 4.5% during the fourth quarter. AA Financial Advisors LLC now owns 755,250 shares of the company’s stock worth $32,959,000 after purchasing an additional 32,219 shares during the last quarter.

Capital Group Dividend Value ETF Price Performance

Shares of CGDV opened at $47.27 on Thursday. The business’s fifty day moving average price is $46.51 and its 200 day moving average price is $45.01. Capital Group Dividend Value ETF has a 12-month low of $38.00 and a 12-month high of $49.10. The stock has a market capitalization of $34.09 billion, a PE ratio of 26.59 and a beta of 0.89.

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. CGDV was launched on Feb 22, 2022 and is managed by Capital Group.