Capital Group Dividend Value ETF $CGDV Shares Acquired by Patriot Financial Group Insurance Agency LLC

Patriot Financial Group Insurance Agency LLC raised its stake in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 101.6% in the 1st quarter, HoldingsChannel.com reports. The firm owned 130,038 shares of the company’s stock after purchasing an additional 65,543 shares during the quarter. Patriot Financial Group Insurance Agency LLC’s holdings in Capital Group Dividend Value ETF were worth $5,532,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of CGDV. Clark Capital Management Group Inc. boosted its holdings in shares of Capital Group Dividend Value ETF by 2.4% in the 3rd quarter. Clark Capital Management Group Inc. now owns 9,984 shares of the company’s stock valued at $420,000 after purchasing an additional 238 shares during the last quarter. Cim LLC increased its holdings in shares of Capital Group Dividend Value ETF by 2.3% during the 3rd quarter. Cim LLC now owns 11,280 shares of the company’s stock worth $474,000 after buying an additional 250 shares during the last quarter. Ameriprise Financial Inc. raised its position in shares of Capital Group Dividend Value ETF by 1.7% in the 2nd quarter. Ameriprise Financial Inc. now owns 16,080 shares of the company’s stock worth $635,000 after buying an additional 263 shares during the period. OneAscent Financial Services LLC boosted 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 acquiring an additional 294 shares during the last quarter. Finally, Prospect Financial Services LLC boosted its holdings in Capital Group Dividend Value ETF by 2.5% in the fourth quarter. Prospect Financial Services LLC now owns 12,925 shares of the company’s stock valued at $564,000 after acquiring an additional 312 shares during the last quarter.

Capital Group Dividend Value ETF Trading Down 0.6%

CGDV stock opened at $48.49 on Friday. The company has a market cap of $34.97 billion, a PE ratio of 26.59 and a beta of 0.89. The stock has a 50-day moving average price of $47.67 and a two-hundred day moving average price of $45.44. Capital Group Dividend Value ETF has a 12-month low of $39.23 and a 12-month high of $49.43.

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.