CPA Asset Management Group LLC reduced its stake in Capital Group Dividend Value ETF (NYSEARCA:CGDV – Free Report) by 31.6% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 23,290 shares of the company’s stock after selling 10,744 shares during the period. CPA Asset Management Group LLC’s holdings in Capital Group Dividend Value ETF were worth $991,000 at the end of the most recent reporting period.
Several other large investors have also recently added to or reduced their stakes in CGDV. Pflug Koory LLC acquired a new position in shares of Capital Group Dividend Value ETF during the fourth quarter worth about $25,000. Triumph Capital Management acquired a new stake in shares of Capital Group Dividend Value ETF in the third quarter valued at about $32,000. Bay Harbor Wealth Management LLC acquired a new stake in shares of Capital Group Dividend Value ETF in the fourth quarter valued at about $32,000. Tucker Asset Management LLC acquired a new stake in shares of Capital Group Dividend Value ETF in the fourth quarter valued at about $32,000. Finally, Flagship Wealth Advisors LLC purchased a new stake in shares of Capital Group Dividend Value ETF during the 4th quarter valued at about $32,000.
Capital Group Dividend Value ETF Stock Performance
Capital Group Dividend Value ETF stock opened at $49.24 on Friday. The firm has a market capitalization of $36.69 billion, a PE ratio of 26.59 and a beta of 0.88. Capital Group Dividend Value ETF has a one year low of $39.87 and a one year high of $49.55. The stock’s 50 day moving average price is $48.50 and its 200 day moving average price is $45.99.
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.
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