Capital Group Dividend Value ETF (NYSEARCA:CGDV) Sets New 12-Month High at $35.89

Shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) hit a new 52-week high during trading on Tuesday . The stock traded as high as $35.89 and last traded at $35.81, with a volume of 126249 shares. The stock had previously closed at $35.76.

Capital Group Dividend Value ETF Price Performance

The stock has a market cap of $8.15 billion, a P/E ratio of 22.38 and a beta of 0.92. The stock’s 50 day simple moving average is $34.66 and its two-hundred day simple moving average is $33.26.

Institutional Investors Weigh In On Capital Group Dividend Value ETF

Institutional investors have recently added to or reduced their stakes in the stock. Headlands Technologies LLC acquired a new stake in shares of Capital Group Dividend Value ETF in the 2nd quarter valued at about $27,000. Glassman Wealth Services acquired a new stake in Capital Group Dividend Value ETF in the 1st quarter valued at approximately $29,000. Transcendent Capital Group LLC acquired a new stake in Capital Group Dividend Value ETF in the 4th quarter valued at approximately $33,000. Signaturefd LLC bought a new stake in Capital Group Dividend Value ETF in the 2nd quarter valued at approximately $36,000. Finally, Hershey Financial Advisers LLC acquired a new position in Capital Group Dividend Value ETF during the 2nd quarter worth approximately $36,000.

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.