19,232 Shares in Capital Group Dividend Value ETF $CGDV Purchased by Birchwood Financial Partners Inc.

Birchwood Financial Partners Inc. bought a new stake in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) during the 4th quarter, Holdings Channel.com reports. The institutional investor bought 19,232 shares of the company’s stock, valued at approximately $839,000. Capital Group Dividend Value ETF accounts for 0.8% of Birchwood Financial Partners Inc.’s holdings, making the stock its 27th largest position.

Other large investors also recently added to or reduced their stakes in the company. Pflug Koory LLC purchased a new stake in Capital Group Dividend Value ETF during the 4th quarter valued at approximately $25,000. Triumph Capital Management bought a new stake in shares of Capital Group Dividend Value ETF during the third quarter valued at approximately $32,000. Bay Harbor Wealth Management LLC purchased a new position in shares of Capital Group Dividend Value ETF in the fourth quarter worth $32,000. Tucker Asset Management LLC purchased a new position in shares of Capital Group Dividend Value ETF in the fourth quarter worth $32,000. Finally, Flagship Wealth Advisors LLC purchased a new position in shares of Capital Group Dividend Value ETF in the fourth quarter worth $32,000.

Capital Group Dividend Value ETF Stock Performance

Shares of NYSEARCA:CGDV opened at $48.99 on Friday. The firm has a market cap of $35.33 billion, a price-to-earnings ratio of 26.59 and a beta of 0.89. The firm has a fifty day moving average price of $47.23 and a 200 day moving average price of $45.24. Capital Group Dividend Value ETF has a fifty-two week low of $38.00 and a fifty-two week high of $49.43.

Capital Group Dividend Value ETF 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.