Oppenheimer & Co. Inc. Acquires 13,437 Shares of Capital Group Dividend Value ETF $CGDV

Oppenheimer & Co. Inc. increased its holdings in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 7.1% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 202,573 shares of the company’s stock after acquiring an additional 13,437 shares during the quarter. Oppenheimer & Co. Inc.’s holdings in Capital Group Dividend Value ETF were worth $8,840,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently modified their holdings of CGDV. Pflug Koory LLC purchased a new stake in Capital Group Dividend Value ETF during the 4th quarter valued at about $25,000. Triumph Capital Management purchased a new stake in Capital Group Dividend Value ETF during the 3rd quarter valued at about $32,000. CoreCap Advisors LLC grew its position in Capital Group Dividend Value ETF by 93.8% during the 4th quarter. CoreCap Advisors LLC now owns 849 shares of the company’s stock valued at $37,000 after purchasing an additional 411 shares during the last quarter. MassMutual Private Wealth & Trust FSB grew its position in Capital Group Dividend Value ETF by 38,200.0% during the 3rd quarter. MassMutual Private Wealth & Trust FSB now owns 1,149 shares of the company’s stock valued at $48,000 after purchasing an additional 1,146 shares during the last quarter. Finally, Huntington National Bank purchased a new stake in Capital Group Dividend Value ETF during the 3rd quarter valued at about $49,000.

Capital Group Dividend Value ETF Stock Performance

Shares of CGDV stock opened at $46.57 on Friday. Capital Group Dividend Value ETF has a one year low of $35.20 and a one year high of $46.79. The company’s 50-day moving average is $44.45 and its 200 day moving average is $43.96. The company has a market capitalization of $33.59 billion, a price-to-earnings ratio of 26.59 and a beta of 0.89.

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.