Capital Group Dividend Value ETF $CGDV Shares Bought by CFS Investment Advisory Services LLC

CFS Investment Advisory Services LLC lifted its stake in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 4.5% during the first quarter, Holdings Channel.com reports. The firm owned 247,549 shares of the company’s stock after acquiring an additional 10,743 shares during the period. CFS Investment Advisory Services LLC’s holdings in Capital Group Dividend Value ETF were worth $11,382,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also bought and sold shares of the company. AQR Capital Management LLC acquired a new position in Capital Group Dividend Value ETF during the 1st quarter valued at about $236,000. Franklin Resources Inc. bought a new position in shares of Capital Group Dividend Value ETF in the second quarter valued at approximately $226,000. Russell Investments Group Ltd. boosted its holdings in shares of Capital Group Dividend Value ETF by 24.9% in the second quarter. Russell Investments Group Ltd. now owns 4,638 shares of the company’s stock valued at $183,000 after acquiring an additional 925 shares in the last quarter. Brown Advisory Inc. increased its stake in shares of Capital Group Dividend Value ETF by 22.7% during the second quarter. Brown Advisory Inc. now owns 22,270 shares of the company’s stock valued at $879,000 after acquiring an additional 4,118 shares during the period. Finally, Sei Investments Co. increased its stake in shares of Capital Group Dividend Value ETF by 21.1% during the second quarter. Sei Investments Co. now owns 1,169,992 shares of the company’s stock valued at $46,203,000 after acquiring an additional 203,772 shares during the period.

Capital Group Dividend Value ETF Price Performance

Shares of NYSEARCA:CGDV opened at $48.71 on Thursday. The stock has a market cap of $36.09 billion, a price-to-earnings ratio of 26.59 and a beta of 0.88. Capital Group Dividend Value ETF has a 12 month low of $39.87 and a 12 month high of $49.44. The stock’s 50 day moving average price is $48.18 and its 200 day moving average price is $45.77.

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. CGDV was launched on Feb 22, 2022 and is managed by Capital Group.