Capital Group Dividend Value ETF $CGDV Holdings Lifted by WESPAC Advisors LLC

WESPAC Advisors LLC lifted its holdings in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 63.1% in the fourth quarter, HoldingsChannel reports. The fund owned 102,552 shares of the company’s stock after buying an additional 39,680 shares during the period. Capital Group Dividend Value ETF makes up 2.4% of WESPAC Advisors LLC’s investment portfolio, making the stock its 5th biggest position. WESPAC Advisors LLC’s holdings in Capital Group Dividend Value ETF were worth $4,475,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in CGDV. Triumph Capital Management purchased a new position in Capital Group Dividend Value ETF in the 3rd quarter worth $32,000. CoreCap Advisors LLC boosted its position in Capital Group Dividend Value ETF by 93.8% during the fourth quarter. CoreCap Advisors LLC now owns 849 shares of the company’s stock valued at $37,000 after buying an additional 411 shares during the period. Banco de Sabadell S.A bought a new position in shares of Capital Group Dividend Value ETF during the second quarter valued at about $47,000. MassMutual Private Wealth & Trust FSB grew its stake in shares of Capital Group Dividend Value ETF by 38,200.0% during the third quarter. MassMutual Private Wealth & Trust FSB now owns 1,149 shares of the company’s stock valued at $48,000 after buying an additional 1,146 shares during the last quarter. Finally, Huntington National Bank purchased a new position in shares of Capital Group Dividend Value ETF in the third quarter worth about $49,000.

Capital Group Dividend Value ETF Stock Performance

NYSEARCA CGDV opened at $41.70 on Monday. The firm has a market cap of $26.63 billion, a PE ratio of 26.59 and a beta of 0.89. Capital Group Dividend Value ETF has a 1-year low of $30.94 and a 1-year high of $46.01. The stock has a 50-day moving average of $44.57 and a 200-day moving average of $43.54.

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.