Victory Financial Group LLC Increases Stock Holdings in Capital Group Dividend Value ETF $CGDV

Victory Financial Group LLC grew its stake in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 80.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 105,415 shares of the company’s stock after purchasing an additional 47,087 shares during the period. Capital Group Dividend Value ETF makes up approximately 0.6% of Victory Financial Group LLC’s portfolio, making the stock its 29th biggest holding. Victory Financial Group LLC’s holdings in Capital Group Dividend Value ETF were worth $4,600,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the stock. Triumph Capital Management purchased a new position in Capital Group Dividend Value ETF in the 3rd quarter valued at $32,000. CoreCap Advisors LLC raised its position in Capital Group Dividend Value ETF by 93.8% during the 4th quarter. CoreCap Advisors LLC now owns 849 shares of the company’s stock worth $37,000 after buying an additional 411 shares during the last quarter. MassMutual Private Wealth & Trust FSB raised its position in Capital Group Dividend Value ETF by 38,200.0% during the 3rd quarter. MassMutual Private Wealth & Trust FSB now owns 1,149 shares of the company’s stock worth $48,000 after buying an additional 1,146 shares during the last quarter. Huntington National Bank acquired a new stake in shares of Capital Group Dividend Value ETF in the 3rd quarter worth $49,000. Finally, Banco de Sabadell S.A acquired a new stake in shares of Capital Group Dividend Value ETF in the 2nd quarter worth $47,000.

Capital Group Dividend Value ETF Stock Up 2.6%

Shares of NYSEARCA:CGDV opened at $42.54 on Wednesday. Capital Group Dividend Value ETF has a fifty-two week low of $30.94 and a fifty-two week high of $46.01. The firm’s 50-day simple moving average is $44.49 and its 200-day simple moving average is $43.54. The company has a market cap of $27.17 billion, a price-to-earnings ratio of 26.59 and a beta of 0.89.

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.