13,320 Shares in Capital Group Dividend Value ETF $CGDV Acquired by Clarus Group Inc.

Clarus Group Inc. bought a new stake in Capital Group Dividend Value ETF (NYSEARCA:CGDV) during the 4th quarter, HoldingsChannel reports. The fund bought 13,320 shares of the company’s stock, valued at approximately $581,000.

A number of other institutional investors also recently added to or reduced their stakes in the business. Triumph Capital Management bought a new position in shares of Capital Group Dividend Value ETF in the third quarter worth $32,000. CoreCap Advisors LLC lifted its holdings in Capital Group Dividend Value ETF by 93.8% in the fourth quarter. CoreCap Advisors LLC now owns 849 shares of the company’s stock worth $37,000 after purchasing an additional 411 shares during the period. MassMutual Private Wealth & Trust FSB lifted its holdings in Capital Group Dividend Value ETF by 38,200.0% in the third quarter. MassMutual Private Wealth & Trust FSB now owns 1,149 shares of the company’s stock worth $48,000 after purchasing an additional 1,146 shares during the period. Huntington National Bank bought a new position in Capital Group Dividend Value ETF in the 3rd quarter valued at about $49,000. Finally, Banco de Sabadell S.A acquired a new position in Capital Group Dividend Value ETF during the 2nd quarter valued at about $47,000.

Capital Group Dividend Value ETF Trading Down 0.2%

CGDV stock opened at $42.69 on Friday. The firm’s 50-day moving average is $44.42 and its two-hundred day moving average is $43.53. The company has a market capitalization of $27.26 billion, a price-to-earnings 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.

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.