Ethos Financial Group LLC Sells 21,997 Shares of Capital Group Dividend Value ETF $CGDV

Ethos Financial Group LLC reduced its stake in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 18.1% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 99,810 shares of the company’s stock after selling 21,997 shares during the period. Ethos Financial Group LLC’s holdings in Capital Group Dividend Value ETF were worth $4,257,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. LPL Financial LLC lifted its stake in Capital Group Dividend Value ETF by 20.7% in the 4th quarter. LPL Financial LLC now owns 63,490,640 shares of the company’s stock valued at $2,770,731,000 after purchasing an additional 10,904,954 shares during the last quarter. Raymond James Financial Inc. grew its stake in shares of Capital Group Dividend Value ETF by 6.6% during the fourth quarter. Raymond James Financial Inc. now owns 23,591,243 shares of the company’s stock worth $1,029,522,000 after buying an additional 1,465,566 shares during the last quarter. Capital International Investors increased its holdings in shares of Capital Group Dividend Value ETF by 1.8% during the fourth quarter. Capital International Investors now owns 22,899,119 shares of the company’s stock worth $999,318,000 after buying an additional 397,762 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its holdings in shares of Capital Group Dividend Value ETF by 12.3% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 18,754,937 shares of the company’s stock worth $818,465,000 after buying an additional 2,061,385 shares in the last quarter. Finally, Cetera Investment Advisers lifted its stake in shares of Capital Group Dividend Value ETF by 14.5% in the 4th quarter. Cetera Investment Advisers now owns 16,399,426 shares of the company’s stock valued at $715,671,000 after acquiring an additional 2,082,860 shares during the last quarter.

Capital Group Dividend Value ETF Stock Down 0.1%

NYSEARCA CGDV opened at $49.01 on Wednesday. Capital Group Dividend Value ETF has a twelve month low of $39.87 and a twelve month high of $49.55. The company has a market cap of $36.52 billion, a price-to-earnings ratio of 26.59 and a beta of 0.88. The business’s fifty day moving average is $48.42 and its 200 day moving average is $45.92.

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.