Founders Financial Securities LLC Has $11.56 Million Holdings in Capital Group Dividend Value ETF $CGDV

Founders Financial Securities LLC boosted its holdings in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 19.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 264,834 shares of the company’s stock after buying an additional 43,342 shares during the quarter. Founders Financial Securities LLC’s holdings in Capital Group Dividend Value ETF were worth $11,557,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the business. Armstrong Fleming & Moore Inc grew its position in shares of Capital Group Dividend Value ETF by 22.0% in the fourth quarter. Armstrong Fleming & Moore Inc now owns 250,179 shares of the company’s stock valued at $10,918,000 after purchasing an additional 45,077 shares during the last quarter. Cozad Asset Management Inc. grew its position in shares of Capital Group Dividend Value ETF by 116.8% in the third quarter. Cozad Asset Management Inc. now owns 179,357 shares of the company’s stock valued at $7,538,000 after purchasing an additional 96,612 shares during the last quarter. Kaizen Financial Strategies grew its position in shares of Capital Group Dividend Value ETF by 5.0% in the fourth quarter. Kaizen Financial Strategies now owns 304,926 shares of the company’s stock valued at $13,307,000 after purchasing an additional 14,641 shares during the last quarter. AA Financial Advisors LLC grew its position in shares of Capital Group Dividend Value ETF by 4.5% in the fourth quarter. AA Financial Advisors LLC now owns 755,250 shares of the company’s stock valued at $32,959,000 after purchasing an additional 32,219 shares during the last quarter. Finally, Mason Investment Advisory Services Inc. grew its position in shares of Capital Group Dividend Value ETF by 7.3% in the third quarter. Mason Investment Advisory Services Inc. now owns 476,407 shares of the company’s stock valued at $20,023,000 after purchasing an additional 32,420 shares during the last quarter.

Capital Group Dividend Value ETF Trading Up 0.2%

Capital Group Dividend Value ETF stock opened at $48.51 on Friday. The company has a market capitalization of $34.99 billion, a price-to-earnings ratio of 26.59 and a beta of 0.89. Capital Group Dividend Value ETF has a 12 month low of $36.72 and a 12 month high of $48.59. The stock’s 50 day moving average is $45.59 and its 200-day moving average is $44.68.

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.