Victory Financial Group LLC Raises Holdings in Capital Group Dividend Value ETF $CGDV

Victory Financial Group LLC lifted its holdings in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 80.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 105,415 shares of the company’s stock after buying an additional 47,087 shares during the quarter. Capital Group Dividend Value ETF accounts for 0.6% of Victory Financial Group LLC’s portfolio, making the stock its 29th biggest holding. Victory Financial Group LLC’s holdings in Capital Group Dividend Value ETF were worth $4,600,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of CGDV. Triumph Capital Management purchased a new position in Capital Group Dividend Value ETF in the third quarter worth $32,000. CoreCap Advisors LLC boosted its position in shares of Capital Group Dividend Value ETF by 93.8% during the 4th quarter. CoreCap Advisors LLC now owns 849 shares of the company’s stock worth $37,000 after purchasing an additional 411 shares in the last quarter. Banco de Sabadell S.A acquired a new position in shares of Capital Group Dividend Value ETF during the 2nd quarter worth $47,000. MassMutual Private Wealth & Trust FSB grew its stake in shares of Capital Group Dividend Value ETF by 38,200.0% during the 3rd 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. Finally, Huntington National Bank purchased a new position in shares of Capital Group Dividend Value ETF in the 3rd quarter valued at about $49,000.

Capital Group Dividend Value ETF Stock Up 2.6%

Shares of NYSEARCA CGDV opened at $42.54 on Wednesday. Capital Group Dividend Value ETF has a 52 week low of $30.94 and a 52 week high of $46.01. The firm has a 50-day moving average price of $44.49 and a 200 day moving average price of $43.54. The stock has a market capitalization of $27.17 billion, a price-to-earnings ratio of 26.59 and a beta of 0.89.

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.