Teamwork Financial Advisors LLC Buys 25,127 Shares of Capital Group Dividend Value ETF $CGDV

Teamwork Financial Advisors LLC lifted its position in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 4.6% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 569,657 shares of the company’s stock after buying an additional 25,127 shares during the quarter. Capital Group Dividend Value ETF comprises approximately 2.5% of Teamwork Financial Advisors LLC’s holdings, making the stock its 5th largest position. Teamwork Financial Advisors LLC owned 0.08% of Capital Group Dividend Value ETF worth $28,073,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Bay Harbor Wealth Management LLC bought a new position in Capital Group Dividend Value ETF in the 4th quarter worth $32,000. Tucker Asset Management LLC bought a new position in shares of Capital Group Dividend Value ETF in the fourth quarter worth about $32,000. Flagship Wealth Advisors LLC acquired a new position in shares of Capital Group Dividend Value ETF during the 4th quarter worth about $32,000. Triumph Capital Management acquired a new position in shares of Capital Group Dividend Value ETF during the 3rd quarter worth about $32,000. Finally, TD Capital Management LLC bought a new stake in Capital Group Dividend Value ETF during the 4th quarter valued at approximately $34,000.

Capital Group Dividend Value ETF Trading Up 0.5%

Shares of Capital Group Dividend Value ETF stock opened at $51.30 on Friday. The company’s fifty day simple moving average is $49.04 and its 200-day simple moving average is $46.58. The company has a market cap of $38.91 billion, a price-to-earnings ratio of 26.59 and a beta of 0.88. Capital Group Dividend Value ETF has a 1 year low of $40.45 and a 1 year high of $51.49.

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.