Quantum Financial Planning Services Inc. Has $6.24 Million Holdings in Capital Group Dividend Value ETF $CGDV

Quantum Financial Planning Services Inc. raised its stake in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 11.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 143,049 shares of the company’s stock after acquiring an additional 14,724 shares during the period. Capital Group Dividend Value ETF comprises approximately 2.3% of Quantum Financial Planning Services Inc.’s investment portfolio, making the stock its 7th largest holding. Quantum Financial Planning Services Inc.’s holdings in Capital Group Dividend Value ETF were worth $6,243,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. Triumph Capital Management bought a new position in shares of Capital Group Dividend Value ETF during the third quarter valued at about $32,000. CoreCap Advisors LLC grew its position in Capital Group Dividend Value ETF by 93.8% in 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 purchased a new stake in Capital Group Dividend Value ETF in the 2nd quarter valued at about $47,000. MassMutual Private Wealth & Trust FSB lifted its position 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 buying an additional 1,146 shares in the last quarter. Finally, Huntington National Bank purchased a new position in shares of Capital Group Dividend Value ETF in the 3rd quarter worth approximately $49,000.

Capital Group Dividend Value ETF Stock Performance

Shares of CGDV opened at $41.70 on Monday. The stock has a 50 day moving average of $44.57 and a 200 day moving average of $43.54. The company has a market capitalization of $26.63 billion, a price-to-earnings ratio of 26.59 and a beta of 0.89. Capital Group Dividend Value ETF has a 12 month low of $30.94 and a 12 month high of $46.01.

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.