Global Retirement Partners LLC Acquires 81,072 Shares of Capital Group Dividend Value ETF $CGDV

Global Retirement Partners LLC increased its holdings in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 11.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 764,396 shares of the company’s stock after buying an additional 81,072 shares during the period. Global Retirement Partners LLC’s holdings in Capital Group Dividend Value ETF were worth $33,358,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Pflug Koory LLC bought a new stake in shares of Capital Group Dividend Value ETF during the fourth quarter worth approximately $25,000. Triumph Capital Management bought a new stake in shares of Capital Group Dividend Value ETF during the third quarter worth approximately $32,000. Bay Harbor Wealth Management LLC bought a new stake in shares of Capital Group Dividend Value ETF during the fourth quarter worth approximately $32,000. Tucker Asset Management LLC bought a new stake in Capital Group Dividend Value ETF in the fourth quarter valued at approximately $32,000. Finally, CoreCap Advisors LLC increased its stake in Capital Group Dividend Value ETF by 93.8% in the fourth quarter. CoreCap Advisors LLC now owns 849 shares of the company’s stock valued at $37,000 after purchasing an additional 411 shares in the last quarter.

Capital Group Dividend Value ETF Stock Performance

Shares of NYSEARCA:CGDV opened at $47.73 on Thursday. Capital Group Dividend Value ETF has a 52 week low of $36.10 and a 52 week high of $48.49. The company has a market capitalization of $34.42 billion, a PE ratio of 26.59 and a beta of 0.89. The company has a 50 day moving average price of $44.99 and a two-hundred day moving average price of $44.42.

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.