Patriot Financial Group Insurance Agency LLC boosted its position in Capital Group Dividend Value ETF (NYSEARCA:CGDV – Free Report) by 101.6% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 130,038 shares of the company’s stock after purchasing an additional 65,543 shares during the period. Patriot Financial Group Insurance Agency LLC’s holdings in Capital Group Dividend Value ETF were worth $5,532,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. LPL Financial LLC grew its holdings in Capital Group Dividend Value ETF by 20.7% in the fourth quarter. LPL Financial LLC now owns 63,490,640 shares of the company’s stock valued at $2,770,731,000 after purchasing an additional 10,904,954 shares during the last quarter. Raymond James Financial Inc. raised its stake in shares of Capital Group Dividend Value ETF by 6.6% during the 4th quarter. Raymond James Financial Inc. now owns 23,591,243 shares of the company’s stock worth $1,029,522,000 after buying an additional 1,465,566 shares during the last quarter. Capital International Investors raised its stake in shares of Capital Group Dividend Value ETF by 1.8% during the 4th quarter. Capital International Investors now owns 22,899,119 shares of the company’s stock worth $999,318,000 after buying an additional 397,762 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its position in shares of Capital Group Dividend Value ETF by 12.3% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 18,754,937 shares of the company’s stock worth $818,465,000 after buying an additional 2,061,385 shares in the last quarter. Finally, Cetera Investment Advisers boosted its position in shares of Capital Group Dividend Value ETF by 14.5% in the 4th quarter. Cetera Investment Advisers now owns 16,399,426 shares of the company’s stock worth $715,671,000 after buying an additional 2,082,860 shares in the last quarter.
Capital Group Dividend Value ETF Trading Down 0.6%
Shares of NYSEARCA CGDV opened at $48.49 on Friday. The company’s 50-day moving average price is $47.67 and its 200 day moving average price is $45.44. Capital Group Dividend Value ETF has a 52 week low of $39.23 and a 52 week high of $49.43. The stock has a market cap of $34.97 billion, a price-to-earnings 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.
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