Rockefeller Capital Management L.P. Purchases 367,119 Shares of Capital Group Dividend Value ETF $CGDV

Rockefeller Capital Management L.P. raised its position in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 74.4% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 860,383 shares of the company’s stock after acquiring an additional 367,119 shares during the period. Rockefeller Capital Management L.P.’s holdings in Capital Group Dividend Value ETF were worth $37,547,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Pflug Koory LLC bought a new stake in shares of Capital Group Dividend Value ETF during the fourth quarter valued at approximately $25,000. Flagship Wealth Advisors LLC acquired a new position in shares of Capital Group Dividend Value ETF in the fourth quarter valued at $32,000. Bay Harbor Wealth Management LLC bought a new position in Capital Group Dividend Value ETF in the fourth quarter worth $32,000. Tucker Asset Management LLC acquired a new stake in Capital Group Dividend Value ETF during the fourth quarter worth $32,000. Finally, Triumph Capital Management acquired a new stake in Capital Group Dividend Value ETF during the third quarter worth $32,000.

Capital Group Dividend Value ETF Stock Performance

Shares of CGDV stock opened at $48.99 on Monday. Capital Group Dividend Value ETF has a 52-week low of $38.00 and a 52-week high of $49.43. The stock 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 of $47.32 and a 200-day moving average of $45.28.

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.