Ashton Thomas Private Wealth LLC Makes New $88,000 Investment in Capital Group Dividend Value ETF (NYSEARCA:CGDV)

Ashton Thomas Private Wealth LLC acquired a new position in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 2,671 shares of the company’s stock, valued at approximately $88,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of CGDV. Oppenheimer & Co. Inc. increased its holdings in shares of Capital Group Dividend Value ETF by 8.5% in the 1st quarter. Oppenheimer & Co. Inc. now owns 62,894 shares of the company’s stock valued at $2,044,000 after purchasing an additional 4,905 shares during the period. Wells Fargo & Company MN increased its holdings in shares of Capital Group Dividend Value ETF by 117.2% in the 4th quarter. Wells Fargo & Company MN now owns 4,098,283 shares of the company’s stock valued at $122,293,000 after purchasing an additional 2,211,266 shares during the period. BlackDiamond Wealth Management LLC acquired a new position in shares of Capital Group Dividend Value ETF in the 4th quarter valued at about $2,145,000. Thoroughbred Financial Services LLC increased its holdings in shares of Capital Group Dividend Value ETF by 90.8% in the 1st quarter. Thoroughbred Financial Services LLC now owns 18,535 shares of the company’s stock valued at $602,000 after purchasing an additional 8,821 shares during the period. Finally, Orion Portfolio Solutions LLC increased its holdings in shares of Capital Group Dividend Value ETF by 67.7% in the 4th quarter. Orion Portfolio Solutions LLC now owns 559,012 shares of the company’s stock valued at $16,642,000 after purchasing an additional 225,663 shares during the period.

Capital Group Dividend Value ETF Price Performance

Shares of CGDV opened at $35.61 on Friday. The company has a market capitalization of $8.12 billion, a price-to-earnings ratio of 22.38 and a beta of 0.92. Capital Group Dividend Value ETF has a fifty-two week low of $25.47 and a fifty-two week high of $35.78. The business’s 50-day moving average is $34.56 and its 200-day moving average is $33.18.

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.