Wealth Science Advisors LLC Has $33.74 Million Position in Capital Group Dividend Value ETF $CGDV

Wealth Science Advisors LLC boosted its position in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 5.8% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 684,713 shares of the company’s stock after buying an additional 37,591 shares during the quarter. Capital Group Dividend Value ETF makes up about 15.0% of Wealth Science Advisors LLC’s holdings, making the stock its 2nd largest position. Wealth Science Advisors LLC’s holdings in Capital Group Dividend Value ETF were worth $33,743,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in the company. Flagship Wealth Advisors LLC bought a new position in shares of Capital Group Dividend Value ETF during the 4th quarter worth $32,000. Bay Harbor Wealth Management LLC bought a new stake in Capital Group Dividend Value ETF in the 4th quarter valued at about $32,000. Tucker Asset Management LLC purchased a new stake in Capital Group Dividend Value ETF during the fourth quarter valued at about $32,000. Triumph Capital Management bought a new position in Capital Group Dividend Value ETF during the third quarter worth about $32,000. Finally, TD Capital Management LLC bought a new position in Capital Group Dividend Value ETF during the fourth quarter worth about $34,000.

Capital Group Dividend Value ETF Stock Up 0.5%

CGDV opened at $51.30 on Friday. The firm has a 50-day moving average price of $49.04 and a 200-day moving average price of $46.58. Capital Group Dividend Value ETF has a twelve month low of $40.45 and a twelve month high of $51.49. The company has a market capitalization of $38.91 billion, a price-to-earnings ratio of 26.59 and a beta of 0.88.

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