PFG Investments LLC Has $1.24 Million Stock Position in Capital Group Dividend Value ETF $CGDV

PFG Investments LLC boosted its holdings in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 95.5% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 29,165 shares of the company’s stock after buying an additional 14,248 shares during the period. PFG Investments LLC’s holdings in Capital Group Dividend Value ETF were worth $1,241,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. LPL Financial LLC boosted its position in shares of Capital Group Dividend Value ETF by 20.7% in the fourth quarter. LPL Financial LLC now owns 63,490,640 shares of the company’s stock valued at $2,770,731,000 after acquiring an additional 10,904,954 shares during the period. Axxcess Wealth Management LLC increased its position in Capital Group Dividend Value ETF by 448.9% during the fourth quarter. Axxcess Wealth Management LLC now owns 3,520,015 shares of the company’s stock worth $153,613,000 after acquiring an additional 2,878,723 shares during the period. Raymond James Financial Inc. increased its position in Capital Group Dividend Value ETF by 14.3% during the third quarter. Raymond James Financial Inc. now owns 22,125,677 shares of the company’s stock worth $929,942,000 after acquiring an additional 2,772,053 shares during the period. Wells Fargo & Company MN raised its stake in Capital Group Dividend Value ETF by 20.1% during the 4th quarter. Wells Fargo & Company MN now owns 16,311,223 shares of the company’s stock valued at $711,822,000 after purchasing an additional 2,729,408 shares during the last quarter. Finally, Bank of America Corp DE raised its stake in Capital Group Dividend Value ETF by 20.4% during the 3rd quarter. Bank of America Corp DE now owns 15,868,443 shares of the company’s stock valued at $666,951,000 after purchasing an additional 2,688,496 shares during the last quarter.

Capital Group Dividend Value ETF Price Performance

Shares of Capital Group Dividend Value ETF stock opened at $48.95 on Monday. The company has a market cap of $36.89 billion, a PE ratio of 26.59 and a beta of 0.88. The firm has a fifty day moving average price of $48.01 and a two-hundred day moving average price of $45.65. Capital Group Dividend Value ETF has a fifty-two week low of $39.76 and a fifty-two week high of $49.44.

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.