Platt Wealth Management LLC Acquires New Shares in Capital Group Dividend Value ETF $CGDV

Platt Wealth Management LLC acquired a new stake in Capital Group Dividend Value ETF (NYSEARCA:CGDV) in the fourth quarter, according to its most recent filing with the SEC. The fund acquired 420,280 shares of the company’s stock, valued at approximately $18,341,000. Capital Group Dividend Value ETF makes up 18.2% of Platt Wealth Management LLC’s holdings, making the stock its largest holding.

A number of other hedge funds have also bought and sold shares of CGDV. Pflug Koory LLC purchased a new position in Capital Group Dividend Value ETF in the 4th quarter valued at approximately $25,000. Triumph Capital Management purchased a new position in Capital Group Dividend Value ETF in the 3rd quarter valued at approximately $32,000. Bay Harbor Wealth Management LLC purchased a new position in shares of Capital Group Dividend Value ETF during the 4th quarter valued at $32,000. Tucker Asset Management LLC purchased a new position in shares of Capital Group Dividend Value ETF during the 4th quarter valued at $32,000. Finally, CoreCap Advisors LLC grew its position in shares of 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 in the last quarter.

Capital Group Dividend Value ETF Price Performance

CGDV opened at $47.98 on Friday. The company has a fifty day moving average price of $45.12 and a 200-day moving average price of $44.48. The firm has a market capitalization of $34.60 billion, a P/E ratio of 26.59 and a beta of 0.89. Capital Group Dividend Value ETF has a one year low of $36.10 and a one year 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.