Capital Group Dividend Value ETF $CGDV Shares Acquired by Principal Securities Inc.

Principal Securities Inc. grew its holdings in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 23.4% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 296,898 shares of the company’s stock after buying an additional 56,326 shares during the period. Principal Securities Inc.’s holdings in Capital Group Dividend Value ETF were worth $12,957,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also modified their holdings of the business. Armstrong Fleming & Moore Inc grew its holdings in shares of Capital Group Dividend Value ETF by 22.0% in the fourth quarter. Armstrong Fleming & Moore Inc now owns 250,179 shares of the company’s stock valued at $10,918,000 after purchasing an additional 45,077 shares during the period. Cozad Asset Management Inc. grew its holdings in shares of Capital Group Dividend Value ETF by 116.8% in the third quarter. Cozad Asset Management Inc. now owns 179,357 shares of the company’s stock valued at $7,538,000 after purchasing an additional 96,612 shares during the period. Kaizen Financial Strategies grew its holdings in shares of Capital Group Dividend Value ETF by 5.0% in the fourth quarter. Kaizen Financial Strategies now owns 304,926 shares of the company’s stock valued at $13,307,000 after purchasing an additional 14,641 shares during the period. Mason Investment Advisory Services Inc. grew its holdings in shares of Capital Group Dividend Value ETF by 7.3% in the third quarter. Mason Investment Advisory Services Inc. now owns 476,407 shares of the company’s stock valued at $20,023,000 after purchasing an additional 32,420 shares during the period. Finally, AA Financial Advisors LLC grew its holdings in shares of Capital Group Dividend Value ETF by 4.5% in the fourth quarter. AA Financial Advisors LLC now owns 755,250 shares of the company’s stock valued at $32,959,000 after purchasing an additional 32,219 shares during the period.

Capital Group Dividend Value ETF Trading Up 2.0%

Shares of CGDV opened at $48.23 on Friday. Capital Group Dividend Value ETF has a 12-month low of $38.00 and a 12-month high of $49.10. The firm has a 50-day moving average price of $46.63 and a 200 day moving average price of $45.05. The firm has a market capitalization of $34.78 billion, a P/E 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.