Onyx Bridge Wealth Group LLC Takes $2.04 Million Position in Capital Group Dividend Value ETF (NYSEARCA:CGDV)

Onyx Bridge Wealth Group LLC acquired a new position in Capital Group Dividend Value ETF (NYSEARCA:CGDV) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 57,978 shares of the company’s stock, valued at approximately $2,044,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in CGDV. Thurston Springer Miller Herd & Titak Inc. lifted its holdings in shares of Capital Group Dividend Value ETF by 7.3% in the third quarter. Thurston Springer Miller Herd & Titak Inc. now owns 4,475 shares of the company’s stock valued at $163,000 after purchasing an additional 304 shares in the last quarter. Professional Financial Advisors LLC raised its position in Capital Group Dividend Value ETF by 1.2% during the fourth quarter. Professional Financial Advisors LLC now owns 32,882 shares of the company’s stock valued at $1,159,000 after buying an additional 383 shares during the period. Blue Trust Inc. lifted its stake in Capital Group Dividend Value ETF by 33.3% in the 4th quarter. Blue Trust Inc. now owns 1,600 shares of the company’s stock worth $58,000 after acquiring an additional 400 shares in the last quarter. Peapack Gladstone Financial Corp boosted its position in Capital Group Dividend Value ETF by 0.5% during the 3rd quarter. Peapack Gladstone Financial Corp now owns 80,610 shares of the company’s stock worth $2,937,000 after acquiring an additional 440 shares during the period. Finally, Stratos Wealth Advisors LLC grew its stake in Capital Group Dividend Value ETF by 0.8% during the 4th quarter. Stratos Wealth Advisors LLC now owns 54,443 shares of the company’s stock valued at $1,920,000 after acquiring an additional 449 shares in the last quarter.

Capital Group Dividend Value ETF Price Performance

NYSEARCA CGDV opened at $36.90 on Thursday. The firm has a market capitalization of $8.41 billion, a price-to-earnings ratio of 22.38 and a beta of 0.92. The company has a 50 day simple moving average of $36.08 and a 200-day simple moving average of $35.83. Capital Group Dividend Value ETF has a 52-week low of $29.86 and a 52-week high of $37.17.

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.