Kaizen Financial Strategies Sells 27,086 Shares of Capital Group Dividend Value ETF $CGDV

Kaizen Financial Strategies trimmed its holdings in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 8.9% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 277,840 shares of the company’s stock after selling 27,086 shares during the period. Capital Group Dividend Value ETF accounts for about 5.5% of Kaizen Financial Strategies’ holdings, making the stock its 4th biggest holding. Kaizen Financial Strategies’ holdings in Capital Group Dividend Value ETF were worth $12,611,000 as of its most recent filing with the Securities and Exchange Commission.

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

Capital Group Dividend Value ETF Price Performance

Capital Group Dividend Value ETF stock traded up $0.36 during midday trading on Friday, hitting $49.50. 3,411,637 shares of the company were exchanged, compared to its average volume of 4,542,946. The company has a market cap of $36.89 billion, a PE ratio of 26.59 and a beta of 0.88. Capital Group Dividend Value ETF has a fifty-two week low of $39.87 and a fifty-two week high of $49.55. The company’s fifty day moving average price is $48.32 and its 200-day moving average price is $45.83.

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.