Gaddis Premier Wealth Advisors LLC Acquires Shares of 257,474 Capital Group Dividend Value ETF $CGDV

Gaddis Premier Wealth Advisors LLC acquired a new stake in Capital Group Dividend Value ETF (NYSEARCA:CGDV) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 257,474 shares of the company’s stock, valued at approximately $11,236,000. Capital Group Dividend Value ETF accounts for approximately 8.5% of Gaddis Premier Wealth Advisors LLC’s investment portfolio, making the stock its 3rd largest holding.

Several other large investors have also recently made changes to their positions in CGDV. AQR Capital Management LLC purchased a new position in Capital Group Dividend Value ETF during the first quarter worth approximately $236,000. Franklin Resources Inc. acquired a new position in Capital Group Dividend Value ETF during the 2nd quarter worth $226,000. Russell Investments Group Ltd. grew its stake in Capital Group Dividend Value ETF by 24.9% during the 2nd quarter. Russell Investments Group Ltd. now owns 4,638 shares of the company’s stock worth $183,000 after purchasing an additional 925 shares in the last quarter. Brown Advisory Inc. grew its stake in Capital Group Dividend Value ETF by 22.7% during the 2nd quarter. Brown Advisory Inc. now owns 22,270 shares of the company’s stock worth $879,000 after purchasing an additional 4,118 shares in the last quarter. Finally, Sei Investments Co. boosted its position in shares of Capital Group Dividend Value ETF by 21.1% during the 2nd quarter. Sei Investments Co. now owns 1,169,992 shares of the company’s stock worth $46,203,000 after acquiring an additional 203,772 shares in the last quarter.

Capital Group Dividend Value ETF Stock Performance

NYSEARCA:CGDV opened at $47.94 on Tuesday. The stock has a market cap of $34.57 billion, a P/E ratio of 26.59 and a beta of 0.89. Capital Group Dividend Value ETF has a 1 year low of $38.00 and a 1 year high of $49.10. The stock has a 50-day simple moving average of $46.27 and a 200-day simple moving average of $44.93.

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.