Vestmark Advisory Solutions Inc. Has $23.96 Million Position in Capital Group Dividend Value ETF $CGDV

Vestmark Advisory Solutions Inc. lifted its stake in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 6.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 549,049 shares of the company’s stock after purchasing an additional 31,694 shares during the period. Vestmark Advisory Solutions Inc. owned 0.09% of Capital Group Dividend Value ETF worth $23,960,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Pflug Koory LLC acquired a new stake in shares of Capital Group Dividend Value ETF in the fourth quarter valued at approximately $25,000. Triumph Capital Management acquired a new position in Capital Group Dividend Value ETF during the 3rd quarter valued at about $32,000. Bay Harbor Wealth Management LLC acquired a new position in Capital Group Dividend Value ETF during the 4th quarter valued at about $32,000. Tucker Asset Management LLC acquired a new position in Capital Group Dividend Value ETF during the 4th quarter valued at about $32,000. Finally, CoreCap Advisors LLC lifted its position in 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 during the period.

Capital Group Dividend Value ETF Trading Up 0.3%

Capital Group Dividend Value ETF stock opened at $47.88 on Friday. Capital Group Dividend Value ETF has a 1 year low of $36.10 and a 1 year high of $48.49. The company has a market cap of $34.53 billion, a PE ratio of 26.59 and a beta of 0.89. The company’s 50-day moving average is $45.05 and its two-hundred day moving average is $44.45.

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.