Global Retirement Partners LLC Has $33.36 Million Stake in Capital Group Dividend Value ETF $CGDV

Global Retirement Partners LLC lifted its stake in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 11.9% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 764,396 shares of the company’s stock after purchasing an additional 81,072 shares during the period. Global Retirement Partners LLC owned approximately 0.12% of Capital Group Dividend Value ETF worth $33,358,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Pflug Koory LLC acquired a new position in shares of Capital Group Dividend Value ETF during the fourth quarter worth approximately $25,000. Triumph Capital Management acquired a new position in shares of Capital Group Dividend Value ETF during the third quarter worth approximately $32,000. Bay Harbor Wealth Management LLC acquired a new position in shares of Capital Group Dividend Value ETF during the fourth quarter worth approximately $32,000. Tucker Asset Management LLC acquired a new position in shares of Capital Group Dividend Value ETF during the fourth quarter worth approximately $32,000. Finally, CoreCap Advisors LLC raised its stake in shares of Capital Group Dividend Value ETF by 93.8% during the fourth quarter. CoreCap Advisors LLC now owns 849 shares of the company’s stock worth $37,000 after buying an additional 411 shares during the last quarter.

Capital Group Dividend Value ETF Price Performance

CGDV opened at $47.73 on Thursday. The company has a market cap of $34.42 billion, a price-to-earnings ratio of 26.59 and a beta of 0.89. The firm has a 50 day simple moving average of $44.99 and a 200 day simple moving average of $44.42. Capital Group Dividend Value ETF has a fifty-two week low of $36.10 and a fifty-two week high of $48.49.

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.