Silver Oak Securities Incorporated Purchases 48,665 Shares of Capital Group Dividend Value ETF $CGDV

Silver Oak Securities Incorporated increased its position in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 8.7% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 607,965 shares of the company’s stock after acquiring an additional 48,665 shares during the period. Capital Group Dividend Value ETF comprises about 1.8% of Silver Oak Securities Incorporated’s portfolio, making the stock its 5th biggest position. Silver Oak Securities Incorporated owned about 0.09% of Capital Group Dividend Value ETF worth $26,708,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of CGDV. Lincoln Capital LLC boosted its stake in shares of Capital Group Dividend Value ETF by 1.4% during the third quarter. Lincoln Capital LLC now owns 16,640 shares of the company’s stock valued at $705,000 after purchasing an additional 235 shares in the last quarter. Clark Capital Management Group Inc. increased its stake in shares of Capital Group Dividend Value ETF by 2.4% in the third quarter. Clark Capital Management Group Inc. now owns 9,984 shares of the company’s stock valued at $420,000 after buying an additional 238 shares during the period. Cim LLC increased its stake in shares of Capital Group Dividend Value ETF by 2.3% in the third quarter. Cim LLC now owns 11,280 shares of the company’s stock valued at $474,000 after buying an additional 250 shares during the period. GPS Wealth Strategies Group LLC raised its holdings in Capital Group Dividend Value ETF by 2.0% in the 3rd quarter. GPS Wealth Strategies Group LLC now owns 13,083 shares of the company’s stock valued at $550,000 after buying an additional 252 shares during the last quarter. Finally, Ameriprise Financial Inc. raised its holdings in Capital Group Dividend Value ETF by 1.7% in the 2nd quarter. Ameriprise Financial Inc. now owns 16,080 shares of the company’s stock valued at $635,000 after buying an additional 263 shares during the last quarter.

Capital Group Dividend Value ETF Price Performance

NYSEARCA:CGDV opened at $41.46 on Tuesday. Capital Group Dividend Value ETF has a one year low of $30.94 and a one year high of $46.01. The company has a market cap of $26.48 billion, a PE ratio of 26.59 and a beta of 0.89. The firm’s 50 day simple moving average is $44.51 and its 200 day simple moving average is $43.54.

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.