Capital Group Dividend Value ETF $CGDV Shares Purchased by Harbour Investments Inc.

Harbour Investments Inc. boosted its position in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 18.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 752,076 shares of the company’s stock after acquiring an additional 114,774 shares during the quarter. Capital Group Dividend Value ETF accounts for about 0.7% of Harbour Investments Inc.’s holdings, making the stock its 27th biggest holding. Harbour Investments Inc. owned 0.12% of Capital Group Dividend Value ETF worth $32,821,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the company. MSH Capital Advisors LLC raised its holdings in Capital Group Dividend Value ETF by 66.1% in the fourth quarter. MSH Capital Advisors LLC now owns 35,900 shares of the company’s stock valued at $1,567,000 after acquiring an additional 14,293 shares in the last quarter. Annis Gardner Whiting Capital Advisors LLC acquired a new stake in Capital Group Dividend Value ETF in the fourth quarter valued at approximately $55,000. Fisher Asset Management LLC raised its holdings in Capital Group Dividend Value ETF by 21.2% in the fourth quarter. Fisher Asset Management LLC now owns 10,910 shares of the company’s stock valued at $476,000 after acquiring an additional 1,908 shares in the last quarter. 44 Wealth Management LLC raised its holdings in Capital Group Dividend Value ETF by 4.5% in the fourth quarter. 44 Wealth Management LLC now owns 31,595 shares of the company’s stock valued at $1,379,000 after acquiring an additional 1,375 shares in the last quarter. Finally, Clearstead Advisors LLC raised its holdings in Capital Group Dividend Value ETF by 262.5% in the fourth quarter. Clearstead Advisors LLC now owns 1,526 shares of the company’s stock valued at $67,000 after acquiring an additional 1,105 shares in the last quarter.

Capital Group Dividend Value ETF Price Performance

Shares of NYSEARCA:CGDV opened at $47.98 on Tuesday. The firm’s 50 day moving average price is $45.21 and its 200 day moving average price is $44.53. The stock has a market cap of $34.60 billion, a price-to-earnings ratio of 26.59 and a beta of 0.89. Capital Group Dividend Value ETF has a fifty-two week low of $36.10 and a fifty-two week high of $48.49.

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.