Capital Group Dividend Value ETF $CGDV Shares Bought by Truist Financial Corp

Truist Financial Corp raised its stake in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 11.1% in the fourth quarter, HoldingsChannel reports. The fund owned 1,412,930 shares of the company’s stock after purchasing an additional 140,622 shares during the period. Truist Financial Corp’s holdings in Capital Group Dividend Value ETF were worth $61,660,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently bought and sold shares of CGDV. Harbor Investment Advisory LLC boosted its position in shares of Capital Group Dividend Value ETF by 91.4% during the third quarter. Harbor Investment Advisory LLC now owns 49,925 shares of the company’s stock worth $2,098,000 after buying an additional 23,845 shares during the period. Armstrong Fleming & Moore Inc increased its stake in Capital Group Dividend Value ETF by 22.0% during the fourth quarter. Armstrong Fleming & Moore Inc now owns 250,179 shares of the company’s stock worth $10,918,000 after purchasing an additional 45,077 shares during the period. D.A. Davidson & CO. increased its stake in Capital Group Dividend Value ETF by 2.4% during the third quarter. D.A. Davidson & CO. now owns 3,377,036 shares of the company’s stock worth $141,937,000 after purchasing an additional 80,122 shares during the period. Cozad Asset Management Inc. increased its stake in Capital Group Dividend Value ETF by 116.8% during the third quarter. Cozad Asset Management Inc. now owns 179,357 shares of the company’s stock worth $7,538,000 after purchasing an additional 96,612 shares during the period. Finally, AA Financial Advisors LLC increased its stake in Capital Group Dividend Value ETF by 4.5% during the fourth quarter. AA Financial Advisors LLC now owns 755,250 shares of the company’s stock worth $32,959,000 after purchasing an additional 32,219 shares during the period.

Capital Group Dividend Value ETF Stock Down 0.5%

Shares of CGDV stock opened at $46.34 on Tuesday. Capital Group Dividend Value ETF has a 52 week low of $35.20 and a 52 week high of $46.79. The stock has a market capitalization of $33.42 billion, a PE ratio of 26.59 and a beta of 0.89. The firm has a 50 day moving average of $44.45 and a two-hundred day moving average of $43.99.

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.