Sigma Planning Corp Increases Stake in Capital Group Dividend Value ETF $CGDV

Sigma Planning Corp raised its stake in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 46.6% in the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 411,828 shares of the company’s stock after purchasing an additional 130,999 shares during the quarter. Capital Group Dividend Value ETF accounts for 0.5% of Sigma Planning Corp’s portfolio, making the stock its 28th biggest position. Sigma Planning Corp owned 0.06% of Capital Group Dividend Value ETF worth $17,524,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently made changes to their positions in CGDV. AQR Capital Management LLC purchased a new stake in Capital Group Dividend Value ETF during the 1st quarter valued at $236,000. Franklin Resources Inc. purchased a new position in shares of Capital Group Dividend Value ETF in the second quarter valued at about $226,000. Russell Investments Group Ltd. raised its stake 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 valued at $183,000 after acquiring an additional 925 shares during the last quarter. Brown Advisory Inc. raised its stake in shares of Capital Group Dividend Value ETF by 22.7% during the second quarter. Brown Advisory Inc. now owns 22,270 shares of the company’s stock valued at $879,000 after acquiring an additional 4,118 shares during the last quarter. Finally, Sei Investments Co. boosted its holdings in shares of Capital Group Dividend Value ETF by 21.1% during the second quarter. Sei Investments Co. now owns 1,169,992 shares of the company’s stock worth $46,203,000 after purchasing an additional 203,772 shares during the period.

Capital Group Dividend Value ETF Trading Down 0.1%

Capital Group Dividend Value ETF stock opened at $49.01 on Wednesday. The firm has a market cap of $36.52 billion, a P/E ratio of 26.59 and a beta of 0.88. Capital Group Dividend Value ETF has a 1-year low of $39.87 and a 1-year high of $49.55. The firm has a 50-day moving average of $48.42 and a 200-day moving average of $45.92.

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.