Capital Group Dividend Value ETF $CGDV Shares Purchased by HBW Advisory Services LLC

HBW Advisory Services LLC boosted its position in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 9.7% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 123,224 shares of the company’s stock after acquiring an additional 10,915 shares during the period. HBW Advisory Services LLC’s holdings in Capital Group Dividend Value ETF were worth $6,072,000 at the end of the most recent reporting period.

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

Capital Group Dividend Value ETF Trading Up 0.2%

Capital Group Dividend Value ETF stock opened at $51.25 on Thursday. The firm has a market capitalization of $38.87 billion, a P/E ratio of 26.59 and a beta of 0.88. The stock has a fifty day moving average price of $49.18 and a 200 day moving average price of $46.74. Capital Group Dividend Value ETF has a 52 week low of $40.64 and a 52 week high of $51.49.

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.