Hunter Associates Investment Management LLC raised its stake in Capital Group Dividend Value ETF (NYSEARCA:CGDV – Free Report) by 14.5% during the 1st quarter, Holdings Channel.com reports. The firm owned 264,079 shares of the company’s stock after buying an additional 33,383 shares during the period. Capital Group Dividend Value ETF accounts for 1.5% of Hunter Associates Investment Management LLC’s holdings, making the stock its 14th largest holding. Hunter Associates Investment Management LLC’s holdings in Capital Group Dividend Value ETF were worth $11,241,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other large investors also recently modified their holdings of the stock. AQR Capital Management LLC acquired a new position in Capital Group Dividend Value ETF in the 1st quarter valued at about $236,000. Franklin Resources Inc. acquired a new stake in Capital Group Dividend Value ETF during the second quarter worth approximately $226,000. Russell Investments Group Ltd. boosted its holdings 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 worth $183,000 after acquiring an additional 925 shares during the period. Brown Advisory Inc. boosted its holdings 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 worth $879,000 after acquiring an additional 4,118 shares during the period. Finally, Sei Investments Co. grew its position in shares of Capital Group Dividend Value ETF by 21.1% in the second quarter. Sei Investments Co. now owns 1,169,992 shares of the company’s stock valued at $46,203,000 after purchasing an additional 203,772 shares during the last quarter.
Capital Group Dividend Value ETF Stock Performance
Capital Group Dividend Value ETF stock opened at $48.95 on Friday. The company has a market capitalization of $36.89 billion, a price-to-earnings ratio of 26.59 and a beta of 0.88. Capital Group Dividend Value ETF has a 12 month low of $39.76 and a 12 month high of $49.44. The stock’s 50 day moving average is $48.01 and its 200-day moving average is $45.63.
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.
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