Ruggaard & Associates LLC Has $14.78 Million Stake in Capital Group Dividend Value ETF $CGDV

Ruggaard & Associates LLC lessened its holdings in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 9.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 338,707 shares of the company’s stock after selling 35,300 shares during the period. Capital Group Dividend Value ETF comprises 5.8% of Ruggaard & Associates LLC’s investment portfolio, making the stock its 2nd biggest holding. Ruggaard & Associates LLC owned 0.05% of Capital Group Dividend Value ETF worth $14,781,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the business. Pflug Koory LLC purchased a new stake in shares of Capital Group Dividend Value ETF in the fourth quarter worth approximately $25,000. Flagship Wealth Advisors LLC bought a new stake in Capital Group Dividend Value ETF during the fourth quarter worth $32,000. Bay Harbor Wealth Management LLC bought a new stake in Capital Group Dividend Value ETF during the fourth quarter worth $32,000. Tucker Asset Management LLC purchased a new stake in Capital Group Dividend Value ETF in the 4th quarter valued at $32,000. Finally, Triumph Capital Management purchased a new stake in Capital Group Dividend Value ETF in the 3rd quarter valued at $32,000.

Capital Group Dividend Value ETF Trading Up 1.0%

Shares of NYSEARCA:CGDV opened at $48.99 on Friday. The stock has a market cap of $35.33 billion, a PE ratio of 26.59 and a beta of 0.89. The stock’s fifty day simple moving average is $47.23 and its two-hundred day simple moving average is $45.24. Capital Group Dividend Value ETF has a 1-year low of $38.00 and a 1-year high of $49.43.

Capital Group Dividend Value ETF Company 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.