Capital Group Dividend Value ETF $CGDV Shares Bought by Greenwood Capital Associates LLC

Greenwood Capital Associates LLC grew its stake in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 68.0% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 102,609 shares of the company’s stock after acquiring an additional 41,519 shares during the period. Greenwood Capital Associates LLC’s holdings in Capital Group Dividend Value ETF were worth $4,365,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of CGDV. Pflug Koory LLC purchased a new position in Capital Group Dividend Value ETF in the 4th quarter valued at approximately $25,000. Triumph Capital Management purchased a new stake in Capital Group Dividend Value ETF during the third quarter worth $32,000. Bay Harbor Wealth Management LLC acquired a new stake in Capital Group Dividend Value ETF in the fourth quarter valued at $32,000. Tucker Asset Management LLC acquired a new stake in Capital Group Dividend Value ETF in the fourth quarter valued at $32,000. Finally, Flagship Wealth Advisors LLC purchased a new position in shares of Capital Group Dividend Value ETF in the fourth quarter valued at $32,000.

Capital Group Dividend Value ETF Stock Down 0.4%

NYSEARCA:CGDV opened at $48.71 on Thursday. The company has a market capitalization of $36.09 billion, a PE ratio of 26.59 and a beta of 0.88. Capital Group Dividend Value ETF has a 52-week low of $39.87 and a 52-week high of $49.44. The stock has a fifty day simple moving average of $48.18 and a 200-day simple moving average of $45.77.

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.