Capital Group Dividend Value ETF (NYSEARCA:CGDV) Reaches New 12-Month High at $35.29

Capital Group Dividend Value ETF (NYSEARCA:CGDV)’s stock price reached a new 52-week high during trading on Thursday . The stock traded as high as $35.29 and last traded at $35.18, with a volume of 352970 shares trading hands. The stock had previously closed at $35.16.

Capital Group Dividend Value ETF Trading Down 0.4 %

The firm has a market cap of $7.98 billion, a PE ratio of 22.38 and a beta of 0.92. The business has a fifty day moving average price of $33.86 and a 200 day moving average price of $32.62.

Institutional Trading of Capital Group Dividend Value ETF

Institutional investors have recently modified their holdings of the company. Cetera Investment Advisers raised its stake in shares of Capital Group Dividend Value ETF by 17.0% in the 2nd quarter. Cetera Investment Advisers now owns 5,054,572 shares of the company’s stock valued at $166,801,000 after acquiring an additional 735,134 shares during the period. Truist Financial Corp lifted its stake in shares of Capital Group Dividend Value ETF by 16.5% during the second quarter. Truist Financial Corp now owns 660,615 shares of the company’s stock worth $21,800,000 after purchasing an additional 93,773 shares in the last quarter. Hershey Financial Advisers LLC purchased a new stake in shares of Capital Group Dividend Value ETF in the second quarter worth about $36,000. Gateway Wealth Partners LLC acquired a new stake in shares of Capital Group Dividend Value ETF in the second quarter valued at about $239,000. Finally, High Falls Advisors Inc lifted its position in Capital Group Dividend Value ETF by 21.5% during the 2nd quarter. High Falls Advisors Inc now owns 8,542 shares of the company’s stock worth $282,000 after acquiring an additional 1,509 shares in the last quarter.

Capital Group Dividend Value ETF Company 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.