Western Wealth Management LLC Has $47.84 Million Stock Holdings in Capital Group Dividend Value ETF $CGDV

Western Wealth Management LLC increased its holdings in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 8.5% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,124,695 shares of the company’s stock after acquiring an additional 88,340 shares during the quarter. Capital Group Dividend Value ETF comprises 1.8% of Western Wealth Management LLC’s portfolio, making the stock its 6th biggest holding. Western Wealth Management LLC owned 0.16% of Capital Group Dividend Value ETF worth $47,845,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the business. Berger Financial Group Inc increased its holdings in shares of Capital Group Dividend Value ETF by 3.1% in the first quarter. Berger Financial Group Inc now owns 7,519 shares of the company’s stock valued at $320,000 after purchasing an additional 224 shares during the last quarter. Clark Capital Management Group Inc. raised its position in shares of Capital Group Dividend Value ETF by 2.4% in the third quarter. Clark Capital Management Group Inc. now owns 9,984 shares of the company’s stock valued at $420,000 after purchasing an additional 238 shares during the period. Cim LLC lifted its stake in shares of Capital Group Dividend Value ETF by 2.3% during the 3rd quarter. Cim LLC now owns 11,280 shares of the company’s stock worth $474,000 after buying an additional 250 shares during the last quarter. Ameriprise Financial Inc. lifted its stake in shares of Capital Group Dividend Value ETF by 1.7% during the 2nd quarter. Ameriprise Financial Inc. now owns 16,080 shares of the company’s stock worth $635,000 after buying an additional 263 shares during the last quarter. Finally, OneAscent Financial Services LLC boosted its holdings in shares of Capital Group Dividend Value ETF by 0.7% during the 4th quarter. OneAscent Financial Services LLC now owns 43,691 shares of the company’s stock worth $1,907,000 after buying an additional 294 shares during the period.

Capital Group Dividend Value ETF Stock Performance

Shares of CGDV opened at $51.13 on Wednesday. Capital Group Dividend Value ETF has a 52 week low of $40.64 and a 52 week high of $51.49. The firm has a market cap of $38.78 billion, a P/E ratio of 26.59 and a beta of 0.88. The firm’s 50-day simple moving average is $49.13 and its 200 day simple moving average is $46.70.

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.