Capital Group Dividend Value ETF (NYSEARCA:CGDV) Hits New 1-Year High at $39.64

Shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) hit a new 52-week high on Monday . The company traded as high as $39.64 and last traded at $39.64, with a volume of 142 shares traded. The stock had previously closed at $36.21.

Capital Group Dividend Value ETF Stock Performance

The firm has a market cap of $8.28 billion, a price-to-earnings ratio of 22.38 and a beta of 0.92. The business has a fifty day simple moving average of $34.79 and a 200-day simple moving average of $33.36.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in CGDV. Headlands Technologies LLC bought a new position in Capital Group Dividend Value ETF during the 2nd quarter worth $27,000. Glassman Wealth Services acquired a new stake in shares of Capital Group Dividend Value ETF in the first quarter valued at about $29,000. Signaturefd LLC bought a new position in shares of Capital Group Dividend Value ETF during the second quarter worth about $36,000. Hershey Financial Advisers LLC acquired a new position in shares of Capital Group Dividend Value ETF in the second quarter worth approximately $36,000. Finally, Transcendent Capital Group LLC bought a new stake in Capital Group Dividend Value ETF in the fourth quarter valued at approximately $33,000.

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.