Bank of America Corp DE increased its holdings in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV – Free Report) by 7.0% in the first quarter, according to its most recent filing with the SEC. The fund owned 17,913,033 shares of the company’s stock after acquiring an additional 1,166,097 shares during the period. Bank of America Corp DE’s holdings in Capital Group Dividend Value ETF were worth $762,020,000 at the end of the most recent quarter.
Other large investors also recently bought and sold shares of the company. Pflug Koory LLC purchased a new stake in Capital Group Dividend Value ETF in the fourth quarter worth $25,000. Flagship Wealth Advisors LLC purchased a new stake in shares of Capital Group Dividend Value ETF during the fourth quarter valued at $32,000. Bay Harbor Wealth Management LLC purchased a new stake in shares of Capital Group Dividend Value ETF during the fourth quarter valued at $32,000. Tucker Asset Management LLC purchased a new stake in shares of Capital Group Dividend Value ETF during the fourth quarter valued at $32,000. Finally, Triumph Capital Management bought a new position in shares of Capital Group Dividend Value ETF in the third quarter worth about $32,000.
Capital Group Dividend Value ETF Price Performance
Shares of CGDV opened at $49.54 on Friday. The firm has a market capitalization of $37.28 billion, a price-to-earnings ratio of 26.59 and a beta of 0.88. Capital Group Dividend Value ETF has a 1-year low of $39.87 and a 1-year high of $49.65. The company has a 50-day moving average of $48.77 and a 200 day moving average of $46.35.
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.
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