Capital Group Dividend Value ETF $CGDV Position Lessened by GPS Wealth Strategies Group LLC

GPS Wealth Strategies Group LLC reduced its stake in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 82.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,303 shares of the company’s stock after selling 10,780 shares during the period. GPS Wealth Strategies Group LLC’s holdings in Capital Group Dividend Value ETF were worth $101,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the stock. Lincoln Capital LLC raised its holdings in Capital Group Dividend Value ETF by 1.4% during the third quarter. Lincoln Capital LLC now owns 16,640 shares of the company’s stock valued at $705,000 after buying an additional 235 shares in the last quarter. Clark Capital Management Group Inc. raised its holdings in Capital Group Dividend Value ETF by 2.4% during the third 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 in the last quarter. Cim LLC raised its holdings in Capital Group Dividend Value ETF by 2.3% during the third quarter. Cim LLC now owns 11,280 shares of the company’s stock valued at $474,000 after buying an additional 250 shares in the last quarter. Ameriprise Financial Inc. raised its holdings in Capital Group Dividend Value ETF by 1.7% during the second quarter. Ameriprise Financial Inc. now owns 16,080 shares of the company’s stock valued at $635,000 after buying an additional 263 shares in the last quarter. Finally, Prospect Financial Services LLC raised its holdings in Capital Group Dividend Value ETF by 2.5% during the fourth quarter. Prospect Financial Services LLC now owns 12,925 shares of the company’s stock valued at $564,000 after buying an additional 312 shares in the last quarter.

Capital Group Dividend Value ETF Price Performance

NYSEARCA CGDV opened at $47.98 on Friday. Capital Group Dividend Value ETF has a fifty-two week low of $36.10 and a fifty-two week high of $48.49. The stock’s 50-day moving average is $45.12 and its two-hundred day moving average is $44.48. The firm has a market cap of $34.60 billion, a P/E ratio of 26.59 and a beta of 0.89.

About Capital Group Dividend Value ETF

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.