Capital Group Dividend Value ETF $CGDV Stock Holdings Lifted by Mainstay Capital Management LLC ADV

Mainstay Capital Management LLC ADV lifted its stake in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 9.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,853,415 shares of the company’s stock after buying an additional 164,453 shares during the period. Capital Group Dividend Value ETF comprises about 6.2% of Mainstay Capital Management LLC ADV’s holdings, making the stock its 8th largest position. Mainstay Capital Management LLC ADV owned approximately 0.29% of Capital Group Dividend Value ETF worth $80,883,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently modified their holdings of CGDV. Harbor Investment Advisory LLC lifted its holdings in Capital Group Dividend Value ETF by 91.4% during the third quarter. Harbor Investment Advisory LLC now owns 49,925 shares of the company’s stock worth $2,098,000 after acquiring an additional 23,845 shares during the period. Thrivent Financial for Lutherans bought a new stake in Capital Group Dividend Value ETF during the second quarter worth $1,982,000. Future Financial Wealth Managment LLC bought a new stake in Capital Group Dividend Value ETF during the third quarter worth $5,649,000. Armstrong Fleming & Moore Inc lifted its holdings in Capital Group Dividend Value ETF by 22.0% during the fourth quarter. Armstrong Fleming & Moore Inc now owns 250,179 shares of the company’s stock worth $10,918,000 after acquiring an additional 45,077 shares during the period. Finally, ACT Advisors LLC. bought a new stake in shares of Capital Group Dividend Value ETF in the third quarter valued at $18,727,000.

Capital Group Dividend Value ETF Price Performance

Shares of CGDV opened at $45.98 on Friday. The firm has a market cap of $31.85 billion, a PE ratio of 26.59 and a beta of 0.90. The stock’s fifty day moving average price is $44.36 and its two-hundred day moving average price is $43.74. Capital Group Dividend Value ETF has a 1 year low of $32.51 and a 1 year high of $46.25.

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.