Secure Asset Management LLC Sells 176,420 Shares of Capital Group Dividend Value ETF $CGDV

Secure Asset Management LLC decreased its position in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 92.7% in the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 13,815 shares of the company’s stock after selling 176,420 shares during the period. Secure Asset Management LLC’s holdings in Capital Group Dividend Value ETF were worth $681,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Keeler Thomas Management LLC increased its holdings in Capital Group Dividend Value ETF by 136.9% during the 2nd quarter. Keeler Thomas Management LLC now owns 16,130 shares of the company’s stock worth $795,000 after purchasing an additional 9,322 shares during the period. Avant Capital LLC lifted its holdings in shares of Capital Group Dividend Value ETF by 7.0% in the 2nd quarter. Avant Capital LLC now owns 22,999 shares of the company’s stock worth $1,133,000 after buying an additional 1,514 shares during the period. Nwam LLC lifted its holdings in shares of Capital Group Dividend Value ETF by 1.2% in the 2nd quarter. Nwam LLC now owns 33,748 shares of the company’s stock worth $1,663,000 after buying an additional 412 shares during the period. M Holdings Securities Inc. grew its position in shares of Capital Group Dividend Value ETF by 2.9% during the 2nd quarter. M Holdings Securities Inc. now owns 77,030 shares of the company’s stock worth $3,791,000 after buying an additional 2,184 shares in the last quarter. Finally, Trust Co. of Vermont purchased a new position in shares of Capital Group Dividend Value ETF during the second quarter valued at $127,000.

Capital Group Dividend Value ETF Price Performance

CGDV stock opened at $49.52 on Wednesday. The business has a 50-day moving average price of $49.70 and a 200 day moving average price of $47.27. The company has a market capitalization of $37.56 billion, a P/E ratio of 26.59 and a beta of 0.88. Capital Group Dividend Value ETF has a 1-year low of $40.86 and a 1-year high of $51.63.

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.