Merited Wealth LLC Increases Stock Holdings in Capital Group Dividend Value ETF $CGDV

Merited Wealth LLC lifted its position in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 30.7% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 62,003 shares of the company’s stock after purchasing an additional 14,569 shares during the quarter. Capital Group Dividend Value ETF comprises about 2.2% of Merited Wealth LLC’s holdings, making the stock its 16th biggest holding. Merited Wealth LLC’s holdings in Capital Group Dividend Value ETF were worth $2,638,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of CGDV. Armstrong Fleming & Moore Inc increased its position in shares of Capital Group Dividend Value ETF by 22.0% during the 4th 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 last quarter. Kaizen Financial Strategies lifted its position in Capital Group Dividend Value ETF by 5.0% in the fourth quarter. Kaizen Financial Strategies now owns 304,926 shares of the company’s stock valued at $13,307,000 after buying an additional 14,641 shares during the last quarter. Richards Merrill & Peterson Inc. lifted its position in Capital Group Dividend Value ETF by 72.6% in the first quarter. Richards Merrill & Peterson Inc. now owns 59,315 shares of the company’s stock valued at $2,523,000 after buying an additional 24,945 shares during the last quarter. AA Financial Advisors LLC boosted 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 buying an additional 32,219 shares during the period. Finally, Stratos Wealth Partners LTD. boosted its stake in Capital Group Dividend Value ETF by 49.3% during the fourth quarter. Stratos Wealth Partners LTD. now owns 245,973 shares of the company’s stock worth $10,734,000 after buying an additional 81,269 shares during the period.

Capital Group Dividend Value ETF Price Performance

Shares of CGDV opened at $49.09 on Thursday. Capital Group Dividend Value ETF has a 1-year low of $39.50 and a 1-year high of $49.43. The stock has a market cap of $36.53 billion, a PE ratio of 26.59 and a beta of 0.88. The firm has a 50-day simple moving average of $47.88 and a two-hundred day simple moving average of $45.57.

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. CGDV was launched on Feb 22, 2022 and is managed by Capital Group.