Cauble & Harre Wealth Management Inc. Invests $7.47 Million in Capital Group Dividend Value ETF $CGDV

Cauble & Harre Wealth Management Inc. bought a new stake in Capital Group Dividend Value ETF (NYSEARCA:CGDV) during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 171,065 shares of the company’s stock, valued at approximately $7,465,000. Capital Group Dividend Value ETF comprises about 6.3% of Cauble & Harre Wealth Management Inc.’s holdings, making the stock its 4th biggest holding.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Lincoln Capital LLC increased its position in Capital Group Dividend Value ETF by 1.4% during the third quarter. Lincoln Capital LLC now owns 16,640 shares of the company’s stock worth $705,000 after buying an additional 235 shares during the last quarter. 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 worth $420,000 after buying an additional 238 shares in the last quarter. Cim LLC increased its position in shares of Capital Group Dividend Value ETF by 2.3% in the third quarter. Cim LLC now owns 11,280 shares of the company’s stock worth $474,000 after purchasing an additional 250 shares during the period. GPS Wealth Strategies Group LLC raised its position in shares of Capital Group Dividend Value ETF by 2.0% in the 3rd quarter. GPS Wealth Strategies Group LLC now owns 13,083 shares of the company’s stock valued at $550,000 after buying an additional 252 shares in the last quarter. Finally, Ameriprise Financial Inc. raised its position in Capital Group Dividend Value ETF by 1.7% during the second quarter. Ameriprise Financial Inc. now owns 16,080 shares of the company’s stock valued at $635,000 after purchasing an additional 263 shares in the last quarter.

Capital Group Dividend Value ETF Stock Down 1.2%

NYSEARCA:CGDV opened at $47.82 on Friday. The stock’s 50-day simple moving average is $44.80 and its 200 day simple moving average is $44.31. Capital Group Dividend Value ETF has a twelve month low of $36.10 and a twelve month high of $48.49. The firm has a market capitalization of $34.49 billion, a PE ratio of 26.59 and a beta of 0.89.

Capital Group Dividend Value ETF Company 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.