Seamount Financial Group Inc. Grows Position in Capital Group Dividend Value ETF $CGDV

Seamount Financial Group Inc. grew its position in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 8.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 225,819 shares of the company’s stock after purchasing an additional 18,062 shares during the quarter. Capital Group Dividend Value ETF makes up approximately 4.5% of Seamount Financial Group Inc.’s portfolio, making the stock its 3rd largest holding. Seamount Financial Group Inc.’s holdings in Capital Group Dividend Value ETF were worth $9,855,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently modified their holdings of CGDV. Harbor Investment Advisory LLC increased its position in Capital Group Dividend Value ETF by 91.4% during the third quarter. Harbor Investment Advisory LLC now owns 49,925 shares of the company’s stock worth $2,098,000 after acquiring an additional 23,845 shares during the period. Thrivent Financial for Lutherans bought a new position in Capital Group Dividend Value ETF during the second quarter worth $1,982,000. Future Financial Wealth Managment LLC bought a new position in Capital Group Dividend Value ETF during the third quarter worth $5,649,000. Armstrong Fleming & Moore Inc increased its position in Capital Group Dividend Value ETF by 22.0% during the fourth quarter. Armstrong Fleming & Moore Inc now owns 250,179 shares of the company’s stock worth $10,918,000 after acquiring an additional 45,077 shares during the period. Finally, Fermata Advisors LLC increased its position in Capital Group Dividend Value ETF by 9.7% during the third quarter. Fermata Advisors LLC now owns 214,171 shares of the company’s stock worth $9,002,000 after acquiring an additional 19,012 shares during the period.

Capital Group Dividend Value ETF Trading Up 0.6%

Shares of CGDV stock opened at $45.41 on Wednesday. Capital Group Dividend Value ETF has a 1 year low of $32.51 and a 1 year high of $46.01. The firm’s fifty day simple moving average is $44.32 and its 200 day simple moving average is $43.68. The firm has a market capitalization of $30.82 billion, a P/E ratio of 26.59 and a beta of 0.90.

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.