Forge Financial Services LLC Has $18.11 Million Holdings in Capital Group Dividend Value ETF $CGDV

Forge Financial Services LLC grew its position in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 3.0% in the 4th quarter, Holdings Channel.com reports. The firm owned 415,032 shares of the company’s stock after buying an additional 12,256 shares during the period. Capital Group Dividend Value ETF makes up approximately 7.7% of Forge Financial Services LLC’s investment portfolio, making the stock its 3rd largest position. Forge Financial Services LLC’s holdings in Capital Group Dividend Value ETF were worth $18,112,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Great Valley Advisor Group Inc. grew its position in Capital Group Dividend Value ETF by 6.0% in the 4th quarter. Great Valley Advisor Group Inc. now owns 496,245 shares of the company’s stock worth $21,656,000 after purchasing an additional 27,929 shares during the last quarter. Kovack Advisors Inc. grew its position in Capital Group Dividend Value ETF by 234.2% in the 4th quarter. Kovack Advisors Inc. now owns 228,180 shares of the company’s stock worth $9,958,000 after purchasing an additional 159,897 shares during the last quarter. Legacy Capital Wealth Management LLC bought a new position in Capital Group Dividend Value ETF in the 4th quarter worth about $7,220,000. Gateway Wealth Partners LLC grew its position in Capital Group Dividend Value ETF by 201.6% in the 4th quarter. Gateway Wealth Partners LLC now owns 108,379 shares of the company’s stock worth $4,730,000 after purchasing an additional 72,441 shares during the last quarter. Finally, M Holdings Securities Inc. bought a new position in Capital Group Dividend Value ETF in the 4th quarter worth about $2,250,000.

Capital Group Dividend Value ETF Trading Up 2.0%

NYSEARCA CGDV opened at $48.23 on Friday. Capital Group Dividend Value ETF has a 52 week low of $38.00 and a 52 week high of $49.10. The stock has a market cap of $34.78 billion, a price-to-earnings ratio of 26.59 and a beta of 0.89. The company has a 50-day moving average price of $46.63 and a two-hundred day moving average price of $45.05.

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.