Milestone Investment Advisors LLC Acquires 31,406 Shares of Capital Group Dividend Value ETF $CGDV

Milestone Investment Advisors LLC increased its holdings in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 36.8% during the 4th quarter, HoldingsChannel reports. The fund owned 116,687 shares of the company’s stock after buying an additional 31,406 shares during the period. Capital Group Dividend Value ETF accounts for approximately 1.2% of Milestone Investment Advisors LLC’s portfolio, making the stock its 27th biggest holding. Milestone Investment Advisors LLC’s holdings in Capital Group Dividend Value ETF were worth $5,092,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Armstrong Fleming & Moore Inc lifted its holdings in 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 valued at $10,918,000 after buying an additional 45,077 shares in the last quarter. Cozad Asset Management Inc. lifted its holdings in Capital Group Dividend Value ETF by 116.8% during the 3rd quarter. Cozad Asset Management Inc. now owns 179,357 shares of the company’s stock valued at $7,538,000 after buying an additional 96,612 shares in the last quarter. Kaizen Financial Strategies lifted its holdings in Capital Group Dividend Value ETF by 5.0% during the 4th 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 in the last quarter. Mason Investment Advisory Services Inc. lifted its holdings in Capital Group Dividend Value ETF by 7.3% during the 3rd quarter. Mason Investment Advisory Services Inc. now owns 476,407 shares of the company’s stock valued at $20,023,000 after buying an additional 32,420 shares in the last quarter. Finally, AA Financial Advisors LLC lifted its holdings in Capital Group Dividend Value ETF by 4.5% during the 4th quarter. AA Financial Advisors LLC now owns 755,250 shares of the company’s stock valued at $32,959,000 after buying an additional 32,219 shares in the last quarter.

Capital Group Dividend Value ETF Price Performance

Shares of CGDV opened at $47.88 on Monday. Capital Group Dividend Value ETF has a 1-year low of $37.98 and a 1-year high of $49.10. The company has a 50-day moving average of $46.16 and a 200 day moving average of $44.89. The firm has a market capitalization of $34.53 billion, a price-to-earnings ratio of 26.59 and a beta of 0.89.

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.