Sei Investments Co. Boosts Stock Position in Capital Group Dividend Value ETF (NYSEARCA:CGDV)

Sei Investments Co. lifted its position in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 10.3% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 966,220 shares of the company’s stock after purchasing an additional 90,492 shares during the period. Sei Investments Co. owned 0.23% of Capital Group Dividend Value ETF worth $34,436,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of CGDV. JPMorgan Chase & Co. boosted its holdings in shares of Capital Group Dividend Value ETF by 2.2% during the fourth quarter. JPMorgan Chase & Co. now owns 218,412 shares of the company’s stock worth $7,701,000 after purchasing an additional 4,737 shares during the period. Cerity Partners LLC lifted its holdings in Capital Group Dividend Value ETF by 2.0% in the fourth quarter. Cerity Partners LLC now owns 64,094 shares of the company’s stock worth $2,260,000 after buying an additional 1,272 shares during the period. Summit Investment Advisors Inc. lifted its holdings in Capital Group Dividend Value ETF by 5.9% in the fourth quarter. Summit Investment Advisors Inc. now owns 48,097 shares of the company’s stock worth $1,696,000 after buying an additional 2,663 shares during the period. Mariner LLC lifted its holdings in Capital Group Dividend Value ETF by 14.8% in the fourth quarter. Mariner LLC now owns 1,014,829 shares of the company’s stock worth $35,783,000 after buying an additional 130,660 shares during the period. Finally, Rather & Kittrell Inc. lifted its holdings in Capital Group Dividend Value ETF by 4.9% in the fourth quarter. Rather & Kittrell Inc. now owns 17,991 shares of the company’s stock worth $634,000 after buying an additional 847 shares during the period.

Capital Group Dividend Value ETF Stock Performance

Shares of NYSEARCA CGDV opened at $41.06 on Thursday. The company has a market capitalization of $20.15 billion, a price-to-earnings ratio of 26.59 and a beta of 0.91. The company has a 50 day simple moving average of $39.85 and a two-hundred day simple moving average of $37.25. Capital Group Dividend Value ETF has a fifty-two week low of $30.94 and a fifty-two week high of $41.30.

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.