71,216 Shares in Capital Group Dividend Value ETF (NYSEARCA:CGDV) Bought by BlackDiamond Wealth Management LLC

BlackDiamond Wealth Management LLC purchased a new position in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 71,216 shares of the company’s stock, valued at approximately $2,145,000. Capital Group Dividend Value ETF comprises approximately 1.6% of BlackDiamond Wealth Management LLC’s investment portfolio, making the stock its 17th largest holding. BlackDiamond Wealth Management LLC owned about 0.07% of Capital Group Dividend Value ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently bought and sold shares of CGDV. EverSource Wealth Advisors LLC lifted its stake in Capital Group Dividend Value ETF by 12.9% in the fourth quarter. EverSource Wealth Advisors LLC now owns 47,984 shares of the company’s stock valued at $1,432,000 after buying an additional 5,495 shares during the last quarter. Assetmark Inc. raised its holdings in shares of Capital Group Dividend Value ETF by 4.7% during the fourth quarter. Assetmark Inc. now owns 557,568 shares of the company’s stock valued at $16,638,000 after acquiring an additional 24,815 shares during the period. D.A. Davidson & CO. raised its position in Capital Group Dividend Value ETF by 7.1% during the fourth quarter. D.A. Davidson & CO. now owns 212,807 shares of the company’s stock valued at $6,350,000 after buying an additional 14,144 shares during the period. Wells Fargo & Company MN increased its holdings in shares of Capital Group Dividend Value ETF by 117.2% in the 4th quarter. Wells Fargo & Company MN now owns 4,098,283 shares of the company’s stock valued at $122,293,000 after purchasing an additional 2,211,266 shares during the period. Finally, UBS Group AG lifted its position in shares of Capital Group Dividend Value ETF by 26.9% in the fourth quarter. UBS Group AG now owns 2,345,012 shares of the company’s stock worth $69,975,000 after purchasing an additional 496,927 shares in the last quarter.

Capital Group Dividend Value ETF Stock Performance

Shares of CGDV stock traded down $0.18 during trading on Thursday, hitting $32.96. 866,664 shares of the company were exchanged, compared to its average volume of 1,565,468. The firm has a market capitalization of $7.51 billion, a price-to-earnings ratio of 22.38 and a beta of 0.92. The business’s 50-day simple moving average is $32.26 and its 200 day simple moving average is $30.50. Capital Group Dividend Value ETF has a twelve month low of $24.96 and a twelve month high of $33.40.

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.