Capital Group Dividend Value ETF $CGDV Holdings Raised by Procyon Advisors LLC

Procyon Advisors LLC boosted its stake in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 18.8% during the 1st quarter, according to its most recent filing with the SEC. The firm owned 965,686 shares of the company’s stock after purchasing an additional 152,781 shares during the period. Capital Group Dividend Value ETF makes up approximately 0.6% of Procyon Advisors LLC’s portfolio, making the stock its 9th biggest holding. Procyon Advisors LLC owned 0.13% of Capital Group Dividend Value ETF worth $41,080,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also modified their holdings of the stock. LPL Financial LLC raised its position in Capital Group Dividend Value ETF by 20.7% during the fourth quarter. LPL Financial LLC now owns 63,490,640 shares of the company’s stock valued at $2,770,731,000 after acquiring an additional 10,904,954 shares in the last quarter. Axxcess Wealth Management LLC grew its stake in shares of Capital Group Dividend Value ETF by 448.9% during the 4th quarter. Axxcess Wealth Management LLC now owns 3,520,015 shares of the company’s stock worth $153,613,000 after purchasing an additional 2,878,723 shares during the period. Raymond James Financial Inc. grew its stake in shares of Capital Group Dividend Value ETF by 14.3% during the 3rd quarter. Raymond James Financial Inc. now owns 22,125,677 shares of the company’s stock worth $929,942,000 after purchasing an additional 2,772,053 shares during the period. Wells Fargo & Company MN increased its holdings in shares of Capital Group Dividend Value ETF by 20.1% during the 4th quarter. Wells Fargo & Company MN now owns 16,311,223 shares of the company’s stock valued at $711,822,000 after purchasing an additional 2,729,408 shares in the last quarter. Finally, Bank of America Corp DE lifted its stake in shares of Capital Group Dividend Value ETF by 20.4% in the 3rd quarter. Bank of America Corp DE now owns 15,868,443 shares of the company’s stock valued at $666,951,000 after purchasing an additional 2,688,496 shares during the period.

Capital Group Dividend Value ETF Stock Performance

Shares of NYSEARCA CGDV opened at $49.50 on Monday. The company has a market capitalization of $36.89 billion, a PE ratio of 26.59 and a beta of 0.88. The company’s fifty day moving average price is $48.32 and its 200 day moving average price is $45.85. Capital Group Dividend Value ETF has a 1 year low of $39.87 and a 1 year high of $49.55.

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