Capital Group Dividend Value ETF $CGDV Position Increased by WESPAC Advisors LLC

WESPAC Advisors LLC grew its holdings in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 63.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 102,552 shares of the company’s stock after acquiring an additional 39,680 shares during the quarter. Capital Group Dividend Value ETF comprises 2.4% of WESPAC Advisors LLC’s investment portfolio, making the stock its 5th largest position. WESPAC Advisors LLC’s holdings in Capital Group Dividend Value ETF were worth $4,475,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Ballew Advisors Inc purchased a new stake in Capital Group Dividend Value ETF in the fourth quarter valued at approximately $434,000. Spire Wealth Management grew its stake in Capital Group Dividend Value ETF by 12.1% in the 4th quarter. Spire Wealth Management now owns 99,082 shares of the company’s stock worth $4,324,000 after buying an additional 10,720 shares in the last quarter. Auctus Advisors LLC bought a new position in shares of Capital Group Dividend Value ETF in the 4th quarter worth $347,000. Smith Thornton Advisors LLC increased its holdings in shares of Capital Group Dividend Value ETF by 1.9% in the 4th quarter. Smith Thornton Advisors LLC now owns 230,690 shares of the company’s stock worth $10,067,000 after buying an additional 4,372 shares during the last quarter. Finally, ACT Advisors LLC. raised its position in shares of Capital Group Dividend Value ETF by 0.8% during the 4th quarter. ACT Advisors LLC. now owns 449,105 shares of the company’s stock valued at $19,599,000 after buying an additional 3,536 shares in the last quarter.

Capital Group Dividend Value ETF Stock Performance

Shares of NYSEARCA:CGDV opened at $41.70 on Monday. The firm has a market capitalization of $26.63 billion, a PE ratio of 26.59 and a beta of 0.89. Capital Group Dividend Value ETF has a 52-week low of $30.94 and a 52-week high of $46.01. The firm has a fifty day moving average of $44.57 and a 200 day moving average of $43.54.

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. CGDV was launched on Feb 22, 2022 and is managed by Capital Group.