Seamount Financial Group Inc. Acquires 13,487 Shares of Capital Group Dividend Value ETF $CGDV

Seamount Financial Group Inc. grew its stake in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 6.0% in the 1st quarter, Holdings Channel.com reports. The fund owned 239,306 shares of the company’s stock after purchasing an additional 13,487 shares during the quarter. Capital Group Dividend Value ETF makes up 4.6% of Seamount Financial Group Inc.’s holdings, making the stock its 2nd largest holding. Seamount Financial Group Inc.’s holdings in Capital Group Dividend Value ETF were worth $10,180,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently bought and sold shares of the company. Clark Capital Management Group Inc. raised its position in shares of Capital Group Dividend Value ETF by 2.4% in the third 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 period. Cim LLC grew its stake 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 worth $474,000 after buying an additional 250 shares in the last quarter. Ameriprise Financial Inc. increased its stake 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 acquiring an additional 263 shares during the last quarter. OneAscent Financial Services LLC lifted its position in shares of Capital Group Dividend Value ETF by 0.7% during the 4th quarter. OneAscent Financial Services LLC now owns 43,691 shares of the company’s stock worth $1,907,000 after buying an additional 294 shares during the last quarter. Finally, Prospect Financial Services LLC lifted its holdings in shares of 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 worth $564,000 after acquiring an additional 312 shares during the last quarter.

Capital Group Dividend Value ETF Stock Down 0.3%

Shares of CGDV opened at $48.95 on Friday. The business has a 50-day simple moving average of $47.95 and a two-hundred day simple moving average of $45.61. Capital Group Dividend Value ETF has a 12-month low of $39.76 and a 12-month high of $49.44. The stock has a market cap of $36.43 billion, a PE ratio of 26.59 and a beta of 0.88.

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.