International Assets Investment Management LLC Boosts Stock Position in Capital Group Dividend Value ETF $CGDV

International Assets Investment Management LLC raised its position in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 188.3% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 81,637 shares of the company’s stock after purchasing an additional 53,316 shares during the quarter. International Assets Investment Management LLC’s holdings in Capital Group Dividend Value ETF were worth $3,563,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Pflug Koory LLC purchased a new stake in Capital Group Dividend Value ETF during the 4th quarter valued at about $25,000. Triumph Capital Management purchased a new stake in Capital Group Dividend Value ETF during the 3rd quarter valued at about $32,000. Bay Harbor Wealth Management LLC purchased a new stake in Capital Group Dividend Value ETF during the 4th quarter valued at about $32,000. CoreCap Advisors LLC grew its stake in Capital Group Dividend Value ETF by 93.8% during the 4th quarter. CoreCap Advisors LLC now owns 849 shares of the company’s stock valued at $37,000 after purchasing an additional 411 shares during the last quarter. Finally, MassMutual Private Wealth & Trust FSB grew its stake in 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 valued at $48,000 after purchasing an additional 1,146 shares during the last quarter.

Capital Group Dividend Value ETF Stock Performance

Capital Group Dividend Value ETF stock opened at $47.10 on Friday. The business’s 50-day simple moving average is $44.53 and its two-hundred day simple moving average is $44.11. The company has a market cap of $33.97 billion, a PE ratio of 26.59 and a beta of 0.89. Capital Group Dividend Value ETF has a fifty-two week low of $35.39 and a fifty-two week high of $47.51.

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.