SteelPeak Wealth LLC Raises Holdings in Capital Group Dividend Value ETF (NYSEARCA:CGDV)

SteelPeak Wealth LLC increased its position in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 7.9% in the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 38,336 shares of the company’s stock after acquiring an additional 2,798 shares during the quarter. SteelPeak Wealth LLC’s holdings in Capital Group Dividend Value ETF were worth $1,403,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the company. Kovack Advisors Inc. bought a new position in Capital Group Dividend Value ETF in the 1st quarter worth about $273,000. Accel Wealth Management grew its stake in Capital Group Dividend Value ETF by 21.2% during the first quarter. Accel Wealth Management now owns 11,528 shares of the company’s stock valued at $375,000 after acquiring an additional 2,014 shares in the last quarter. J.W. Cole Advisors Inc. increased its holdings in Capital Group Dividend Value ETF by 4.6% during the 1st quarter. J.W. Cole Advisors Inc. now owns 8,403 shares of the company’s stock worth $273,000 after acquiring an additional 367 shares during the period. Lodestone Wealth Management LLC lifted its stake in Capital Group Dividend Value ETF by 7.5% in the 1st quarter. Lodestone Wealth Management LLC now owns 86,611 shares of the company’s stock worth $2,815,000 after purchasing an additional 6,052 shares in the last quarter. Finally, Private Advisor Group LLC lifted its stake in Capital Group Dividend Value ETF by 23.8% in the 1st quarter. Private Advisor Group LLC now owns 629,342 shares of the company’s stock worth $20,454,000 after purchasing an additional 121,135 shares in the last quarter.

Capital Group Dividend Value ETF Price Performance

CGDV opened at $36.40 on Thursday. Capital Group Dividend Value ETF has a one year low of $25.81 and a one year high of $37.17. The firm has a market capitalization of $8.30 billion, a P/E ratio of 22.38 and a beta of 0.92. The company has a fifty day moving average price of $36.04 and a 200-day moving average price of $34.21.

Capital Group Dividend Value ETF 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.