Secure Asset Management LLC Has $681,000 Stock Holdings in Capital Group Dividend Value ETF $CGDV

Secure Asset Management LLC trimmed its position in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 92.7% during the second quarter, HoldingsChannel reports. The firm owned 13,815 shares of the company’s stock after selling 176,420 shares during the quarter. Secure Asset Management LLC’s holdings in Capital Group Dividend Value ETF were worth $681,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in CGDV. Bay Harbor Wealth Management LLC bought a new stake in shares of Capital Group Dividend Value ETF in the 4th quarter valued at $32,000. Tucker Asset Management LLC acquired a new stake in Capital Group Dividend Value ETF during the 4th quarter worth $32,000. Flagship Wealth Advisors LLC bought a new position in Capital Group Dividend Value ETF during the fourth quarter worth about $32,000. Triumph Capital Management bought a new position in Capital Group Dividend Value ETF during the third quarter worth about $32,000. Finally, TD Capital Management LLC acquired a new position in Capital Group Dividend Value ETF in the fourth quarter valued at about $34,000.

Capital Group Dividend Value ETF Trading Up 0.2%

NYSEARCA:CGDV opened at $51.25 on Thursday. Capital Group Dividend Value ETF has a 1 year low of $40.64 and a 1 year high of $51.49. The stock has a 50-day moving average price of $49.18 and a two-hundred day moving average price of $46.74. The stock has a market cap of $38.87 billion, a price-to-earnings ratio of 26.59 and a beta of 0.88.

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.