Capital Group Dividend Value ETF (NYSEARCA:CGDV – Get Free Report) was the recipient of a large decrease in short interest during the month of July. As of July 15th, there was short interest totaling 600,517 shares, a decrease of 62.0% from the June 30th total of 1,580,304 shares. Based on an average trading volume of 4,045,004 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.1% of the company’s shares are sold short.
Capital Group Dividend Value ETF Stock Performance
NYSEARCA:CGDV opened at $48.85 on Monday. The stock has a market capitalization of $37.15 billion, a P/E ratio of 26.59 and a beta of 0.88. The company has a 50 day moving average price of $48.63 and a 200 day moving average price of $46.20. Capital Group Dividend Value ETF has a fifty-two week low of $39.87 and a fifty-two week high of $49.55.
Institutional Inflows and Outflows
Large investors have recently added to or reduced their stakes in the company. Pflug Koory LLC purchased a new stake in shares of Capital Group Dividend Value ETF in the 4th quarter valued at $25,000. Bay Harbor Wealth Management LLC purchased 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 in the 4th quarter valued at about $32,000. Flagship Wealth Advisors LLC acquired a new position in Capital Group Dividend Value ETF in the 4th quarter valued at about $32,000. Finally, Triumph Capital Management acquired a new position in Capital Group Dividend Value ETF in the 3rd quarter valued at about $32,000.
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.
Featured Stories
- Five stocks we like better than Capital Group Dividend Value ETF
- These 3 AI Winners Don’t Sell the Tech—They Use It
- RTX and Lockheed Earnings: Can Strong Guidance Reset the Defense Trade?
- These 4 Earnings Reports Expose the Market’s Growing Economic Divide
- Broadcom May Be the Biggest Winner From Alphabet’s Earnings
Receive News & Ratings for Capital Group Dividend Value ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Capital Group Dividend Value ETF and related companies with MarketBeat.com's FREE daily email newsletter.
