WNY Asset Management LLC Purchases Shares of 1,590,216 Capital Group Dividend Value ETF $CGDV

WNY Asset Management LLC acquired a new position in Capital Group Dividend Value ETF (NYSEARCA:CGDV) during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 1,590,216 shares of the company’s stock, valued at approximately $67,648,000. Capital Group Dividend Value ETF makes up about 7.0% of WNY Asset Management LLC’s investment portfolio, making the stock its 3rd largest holding. WNY Asset Management LLC owned about 0.22% of Capital Group Dividend Value ETF at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of the stock. Berger Financial Group Inc lifted its stake in shares of Capital Group Dividend Value ETF by 3.1% in the 1st quarter. Berger Financial Group Inc now owns 7,519 shares of the company’s stock valued at $320,000 after purchasing an additional 224 shares during the period. Clark Capital Management Group Inc. grew its position in Capital Group Dividend Value ETF by 2.4% during the third quarter. Clark Capital Management Group Inc. now owns 9,984 shares of the company’s stock valued at $420,000 after buying an additional 238 shares during the period. Cim LLC grew its position in Capital Group Dividend Value ETF by 2.3% during the third quarter. Cim LLC now owns 11,280 shares of the company’s stock valued at $474,000 after buying an additional 250 shares during the period. Ameriprise Financial Inc. increased its holdings in Capital Group Dividend Value ETF by 1.7% in the second quarter. Ameriprise Financial Inc. now owns 16,080 shares of the company’s stock valued at $635,000 after buying an additional 263 shares in the last quarter. Finally, OneAscent Financial Services LLC increased its holdings in Capital Group Dividend Value ETF by 0.7% in the fourth quarter. OneAscent Financial Services LLC now owns 43,691 shares of the company’s stock valued at $1,907,000 after buying an additional 294 shares in the last quarter.

Capital Group Dividend Value ETF Stock Performance

Shares of Capital Group Dividend Value ETF stock opened at $49.54 on Friday. The firm has a 50-day simple moving average of $48.77 and a two-hundred day simple moving average of $46.35. The company has a market cap of $37.28 billion, a P/E 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 $49.65.

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.