Capital Group Dividend Value ETF (NYSEARCA:CGDV) Reaches New 52-Week High at $35.55

Capital Group Dividend Value ETF (NYSEARCA:CGDV) reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as $35.55 and last traded at $35.40, with a volume of 170917 shares. The stock had previously closed at $35.35.

Capital Group Dividend Value ETF Stock 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 company’s 50 day moving average price is $34.17 and its 200-day moving average price is $32.85.

Hedge Funds Weigh In On Capital Group Dividend Value ETF

Several institutional investors have recently added to or reduced their stakes in CGDV. Headlands Technologies LLC bought a new position in Capital Group Dividend Value ETF during the second quarter valued at about $27,000. Glassman Wealth Services bought a new position in Capital Group Dividend Value ETF during the first quarter valued at about $29,000. Transcendent Capital Group LLC bought a new position in Capital Group Dividend Value ETF during the fourth quarter valued at about $33,000. Signaturefd LLC bought a new position in Capital Group Dividend Value ETF during the second quarter valued at about $36,000. Finally, Hershey Financial Advisers LLC bought a new position in Capital Group Dividend Value ETF during the second quarter valued at about $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.