Stephens Inc. AR Acquires 58,399 Shares of Capital Group Dividend Value ETF $CGDV

Stephens Inc. AR lifted its holdings in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 31.6% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 243,024 shares of the company’s stock after buying an additional 58,399 shares during the quarter. Stephens Inc. AR’s holdings in Capital Group Dividend Value ETF were worth $10,338,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the business. Pflug Koory LLC bought a new stake in Capital Group Dividend Value ETF during the fourth quarter worth about $25,000. Flagship Wealth Advisors LLC bought a new position in shares of Capital Group Dividend Value ETF during the fourth quarter valued at approximately $32,000. Bay Harbor Wealth Management LLC bought a new position in shares of Capital Group Dividend Value ETF during the fourth quarter valued at approximately $32,000. Tucker Asset Management LLC bought a new position in shares of Capital Group Dividend Value ETF during the fourth quarter valued at approximately $32,000. Finally, Triumph Capital Management purchased a new position in shares of Capital Group Dividend Value ETF during the third quarter valued at approximately $32,000.

Capital Group Dividend Value ETF Stock Performance

Shares of CGDV traded down $0.36 during mid-day trading on Tuesday, reaching $48.78. The company had a trading volume of 644,135 shares, compared to its average volume of 4,538,111. The firm has a 50-day moving average price of $48.07 and a 200 day moving average price of $45.69. Capital Group Dividend Value ETF has a 52 week low of $39.87 and a 52 week high of $49.44. The company has a market capitalization of $36.76 billion, a price-to-earnings ratio of 26.59 and a beta of 0.88.

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.