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

Greenbush Financial Group LLC raised its stake in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 8.9% in the first quarter, HoldingsChannel.com reports. The fund owned 320,476 shares of the company’s stock after buying an additional 26,303 shares during the quarter. Capital Group Dividend Value ETF accounts for 4.5% of Greenbush Financial Group LLC’s portfolio, making the stock its 10th biggest position. Greenbush Financial Group LLC’s holdings in Capital Group Dividend Value ETF were worth $13,633,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently made changes to their positions in the stock. Pflug Koory LLC bought a new stake in shares of Capital Group Dividend Value ETF in the 4th quarter worth approximately $25,000. Triumph Capital Management acquired a new position in Capital Group Dividend Value ETF during the 3rd quarter valued at approximately $32,000. Bay Harbor Wealth Management LLC bought a new position in Capital Group Dividend Value ETF during the 4th quarter worth $32,000. Tucker Asset Management LLC bought a new position in Capital Group Dividend Value ETF during the 4th quarter worth $32,000. Finally, Flagship Wealth Advisors LLC acquired a new stake in Capital Group Dividend Value ETF in the fourth quarter worth $32,000.

Capital Group Dividend Value ETF Price Performance

Shares of NYSEARCA CGDV opened at $48.85 on Tuesday. The firm has a market capitalization of $35.23 billion, a PE ratio of 26.59 and a beta of 0.89. Capital Group Dividend Value ETF has a 1-year low of $38.00 and a 1-year high of $49.43. The business’s fifty day moving average price is $47.40 and its two-hundred day moving average price is $45.32.

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.