MGO One Seven LLC Buys 23,089 Shares of Capital Group Dividend Value ETF $CGDV

MGO One Seven LLC lifted its stake in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 15.9% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 168,693 shares of the company’s stock after acquiring an additional 23,089 shares during the period. MGO One Seven LLC’s holdings in Capital Group Dividend Value ETF were worth $7,362,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. AQR Capital Management LLC acquired a new position in shares of Capital Group Dividend Value ETF during the first quarter valued at about $236,000. Franklin Resources Inc. bought a new stake in Capital Group Dividend Value ETF in the 2nd quarter valued at about $226,000. Russell Investments Group Ltd. increased its position in Capital Group Dividend Value ETF by 24.9% in the 2nd quarter. Russell Investments Group Ltd. now owns 4,638 shares of the company’s stock valued at $183,000 after buying an additional 925 shares in the last quarter. Brown Advisory Inc. raised 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 buying an additional 4,118 shares during the period. Finally, Sei Investments Co. raised its stake in 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 buying an additional 203,772 shares during the period.

Capital Group Dividend Value ETF Stock Performance

Shares of NYSEARCA:CGDV opened at $47.25 on Friday. Capital Group Dividend Value ETF has a 52-week low of $35.40 and a 52-week high of $47.51. The business’s 50 day simple moving average is $44.53 and its two-hundred day simple moving average is $44.11. The firm has a market cap of $34.08 billion, a P/E ratio of 26.59 and a beta of 0.89.

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.