Capital Group Dividend Value ETF $CGDV Shares Bought by MML Investors Services LLC

MML Investors Services LLC raised its position in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 9.7% during the 4th quarter, HoldingsChannel.com reports. The firm owned 4,921,276 shares of the company’s stock after acquiring an additional 435,868 shares during the period. MML Investors Services LLC’s holdings in Capital Group Dividend Value ETF were worth $214,764,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Pflug Koory LLC purchased a new stake in shares of Capital Group Dividend Value ETF in the 4th quarter valued at approximately $25,000. Flagship Wealth Advisors LLC purchased a new stake in shares of Capital Group Dividend Value ETF in the 4th quarter valued at approximately $32,000. Bay Harbor Wealth Management LLC purchased a new stake in shares of Capital Group Dividend Value ETF in the 4th quarter valued at approximately $32,000. Tucker Asset Management LLC purchased a new stake in shares of Capital Group Dividend Value ETF in the 4th quarter valued at approximately $32,000. Finally, Triumph Capital Management purchased a new stake in shares of Capital Group Dividend Value ETF in the 3rd quarter valued at approximately $32,000.

Capital Group Dividend Value ETF Stock Performance

Capital Group Dividend Value ETF stock opened at $48.55 on Monday. The company’s 50 day simple moving average is $46.74 and its 200-day simple moving average is $45.09. The company has a market capitalization of $35.01 billion, a price-to-earnings ratio of 26.59 and a beta of 0.89. Capital Group Dividend Value ETF has a 1 year low of $38.00 and a 1 year high of $49.10.

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.