Capital Group Dividend Value ETF (NYSEARCA:CGDV) is Smallwood Wealth Investment Management LLC’s 8th Largest Position

Smallwood Wealth Investment Management LLC increased its stake in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 3.2% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 111,640 shares of the company’s stock after purchasing an additional 3,446 shares during the quarter. Capital Group Dividend Value ETF accounts for 2.5% of Smallwood Wealth Investment Management LLC’s holdings, making the stock its 8th largest holding. Smallwood Wealth Investment Management LLC’s holdings in Capital Group Dividend Value ETF were worth $3,979,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently bought and sold shares of CGDV. Golden State Wealth Management LLC purchased a new position in shares of Capital Group Dividend Value ETF in the 1st quarter valued at about $32,000. Fifth Third Bancorp acquired a new stake in Capital Group Dividend Value ETF in the first quarter valued at approximately $37,000. ORG Partners LLC raised its holdings in Capital Group Dividend Value ETF by 100.4% in the first quarter. ORG Partners LLC now owns 1,102 shares of the company’s stock valued at $39,000 after acquiring an additional 552 shares in the last quarter. PNC Financial Services Group Inc. purchased a new position in Capital Group Dividend Value ETF in the fourth quarter worth approximately $55,000. Finally, EQ Wealth Advisors LLC acquired a new position in Capital Group Dividend Value ETF during the 1st quarter worth approximately $56,000.

Capital Group Dividend Value ETF Trading Up 0.1%

Shares of NYSEARCA:CGDV opened at $39.49 on Tuesday. Capital Group Dividend Value ETF has a 52 week low of $30.94 and a 52 week high of $39.62. The company’s 50 day moving average is $36.98 and its two-hundred day moving average is $36.18. The company has a market cap of $18.38 billion, a PE ratio of 26.59 and a beta of 0.90.

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.