HBW Advisory Services LLC Grows Position in Capital Group Dividend Value ETF $CGDV

HBW Advisory Services LLC boosted its stake in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 9.7% in the second quarter, Holdings Channel.com reports. The firm owned 123,224 shares of the company’s stock after acquiring an additional 10,915 shares during the quarter. HBW Advisory Services LLC’s holdings in Capital Group Dividend Value ETF were worth $6,072,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of CGDV. CoreCap Advisors LLC raised its stake in Capital Group Dividend Value ETF by 19.5% during the second quarter. CoreCap Advisors LLC now owns 1,338 shares of the company’s stock worth $66,000 after purchasing an additional 218 shares during the period. Berger Financial Group Inc grew its stake in shares of Capital Group Dividend Value ETF by 3.1% during the 1st quarter. Berger Financial Group Inc now owns 7,519 shares of the company’s stock valued at $320,000 after buying an additional 224 shares during the period. Clark Capital Management Group Inc. grew its stake in shares of Capital Group Dividend Value ETF by 2.4% during the 3rd 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 holdings in shares of Capital Group Dividend Value ETF by 2.3% during the 3rd quarter. Cim LLC now owns 11,280 shares of the company’s stock worth $474,000 after buying an additional 250 shares during the last quarter. Finally, Warner Financial Inc. increased its holdings in shares of Capital Group Dividend Value ETF by 1.1% during the 2nd quarter. Warner Financial Inc. now owns 23,487 shares of the company’s stock worth $1,157,000 after buying an additional 263 shares during the last quarter.

Capital Group Dividend Value ETF Trading Up 0.2%

Shares of CGDV opened at $51.25 on Thursday. The firm has a market capitalization of $38.87 billion, a P/E ratio of 26.59 and a beta of 0.88. The stock’s fifty day simple moving average is $49.18 and its 200 day simple moving average is $46.74. Capital Group Dividend Value ETF has a twelve month low of $40.64 and a twelve month high of $51.49.

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.