Capital Group Dividend Value ETF $CGDV Shares Acquired by Thoroughbred Financial Services LLC

Thoroughbred Financial Services LLC increased its position in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 24.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 492,481 shares of the company’s stock after acquiring an additional 98,160 shares during the period. Capital Group Dividend Value ETF makes up 1.3% of Thoroughbred Financial Services LLC’s portfolio, making the stock its 14th biggest position. Thoroughbred Financial Services LLC’s holdings in Capital Group Dividend Value ETF were worth $21,491,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Pflug Koory LLC bought a new position in Capital Group Dividend Value ETF in the 4th quarter valued at about $25,000. Triumph Capital Management bought a new position in Capital Group Dividend Value ETF in the 3rd quarter valued at about $32,000. Bay Harbor Wealth Management LLC bought a new position in Capital Group Dividend Value ETF in the 4th quarter valued at about $32,000. Tucker Asset Management LLC bought a new position in Capital Group Dividend Value ETF in the 4th quarter valued at about $32,000. Finally, 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 valued at $37,000 after buying an additional 411 shares in the last quarter.

Capital Group Dividend Value ETF Stock Up 0.1%

Shares of CGDV opened at $48.25 on Thursday. The firm has a 50-day moving average price of $45.39 and a 200 day moving average price of $44.61. The firm has a market capitalization of $34.80 billion, a PE ratio of 26.59 and a beta of 0.89. Capital Group Dividend Value ETF has a 52-week low of $36.72 and a 52-week high of $48.49.

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.