Milestone Investment Advisors LLC Raises Position in Capital Group Dividend Value ETF $CGDV

Milestone Investment Advisors LLC increased its holdings in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 36.8% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 116,687 shares of the company’s stock after purchasing an additional 31,406 shares during the quarter. Capital Group Dividend Value ETF accounts for 1.2% of Milestone Investment Advisors LLC’s investment portfolio, making the stock its 27th biggest position. Milestone Investment Advisors LLC’s holdings in Capital Group Dividend Value ETF were worth $5,092,000 as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in the business. Endeavor Private Wealth Inc. increased its position in shares of Capital Group Dividend Value ETF by 5.7% in the fourth quarter. Endeavor Private Wealth Inc. now owns 95,885 shares of the company’s stock valued at $4,184,000 after acquiring an additional 5,138 shares during the period. Capital International Investors increased its position in shares of Capital Group Dividend Value ETF by 1.8% in the fourth quarter. Capital International Investors now owns 22,899,119 shares of the company’s stock valued at $999,318,000 after acquiring an additional 397,762 shares during the period. Capital Group Private Client Services Inc. increased its position in shares of Capital Group Dividend Value ETF by 7.3% in the fourth quarter. Capital Group Private Client Services Inc. now owns 10,152,683 shares of the company’s stock valued at $443,063,000 after acquiring an additional 692,635 shares during the period. Tradition Wealth Management LLC increased its position in shares of Capital Group Dividend Value ETF by 1.8% in the fourth quarter. Tradition Wealth Management LLC now owns 30,632 shares of the company’s stock valued at $1,337,000 after acquiring an additional 527 shares during the period. Finally, Mascagni Wealth Management Inc. increased its position in shares of Capital Group Dividend Value ETF by 15.1% in the fourth quarter. Mascagni Wealth Management Inc. now owns 125,712 shares of the company’s stock valued at $5,486,000 after acquiring an additional 16,501 shares during the period.

Capital Group Dividend Value ETF Stock Performance

CGDV stock opened at $47.88 on Monday. The firm’s 50-day moving average price is $46.16 and its two-hundred day moving average price is $44.89. Capital Group Dividend Value ETF has a 12-month low of $37.98 and a 12-month high of $49.10. The stock has a market capitalization of $34.53 billion, a price-to-earnings ratio of 26.59 and a beta of 0.89.

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.