Landaas & Co. WI ADV Purchases 40,058 Shares of Capital Group Dividend Value ETF $CGDV

Landaas & Co. WI ADV boosted its position in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 149.2% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 66,906 shares of the company’s stock after acquiring an additional 40,058 shares during the period. Capital Group Dividend Value ETF accounts for 0.6% of Landaas & Co. WI ADV’s investment portfolio, making the stock its 15th biggest position. Landaas & Co. WI ADV’s holdings in Capital Group Dividend Value ETF were worth $2,920,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Pflug Koory LLC bought a new stake in shares of Capital Group Dividend Value ETF in the fourth quarter worth about $25,000. Triumph Capital Management purchased a new position in Capital Group Dividend Value ETF during the 3rd quarter valued at about $32,000. CoreCap Advisors LLC raised its position 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. MassMutual Private Wealth & Trust FSB lifted its holdings in Capital Group Dividend Value ETF by 38,200.0% in the 3rd quarter. MassMutual Private Wealth & Trust FSB now owns 1,149 shares of the company’s stock worth $48,000 after buying an additional 1,146 shares during the period. Finally, Huntington National Bank purchased a new stake in Capital Group Dividend Value ETF in the 3rd quarter worth approximately $49,000.

Capital Group Dividend Value ETF Stock Performance

Shares of CGDV stock opened at $42.94 on Tuesday. Capital Group Dividend Value ETF has a fifty-two week low of $30.94 and a fifty-two week high of $46.01. The firm has a market cap of $29.15 billion, a P/E ratio of 26.59 and a beta of 0.89. The business’s 50 day moving average price is $44.36 and its 200-day moving average price is $43.57.

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.