Continuum Advisory LLC decreased its position in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV – Free Report) by 2.5% during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 932,608 shares of the company’s stock after selling 23,579 shares during the period. Capital Group Dividend Value ETF makes up about 3.7% of Continuum Advisory LLC’s investment portfolio, making the stock its 2nd largest position. Continuum Advisory LLC owned 0.12% of Capital Group Dividend Value ETF worth $45,959,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also made changes to their positions in the company. Tucker Asset Management LLC bought a new position in Capital Group Dividend Value ETF during the 4th quarter valued at about $32,000. Flagship Wealth Advisors LLC bought a new stake in Capital Group Dividend Value ETF in the fourth quarter worth about $32,000. Triumph Capital Management bought a new stake in Capital Group Dividend Value ETF in the third quarter worth about $32,000. TD Capital Management LLC purchased a new position in shares of Capital Group Dividend Value ETF during the fourth quarter valued at approximately $34,000. Finally, Bayban purchased a new position in shares of Capital Group Dividend Value ETF during the first quarter valued at approximately $36,000.
Capital Group Dividend Value ETF Stock Performance
CGDV opened at $49.73 on Thursday. The stock’s 50 day moving average price is $49.72 and its 200-day moving average price is $47.30. Capital Group Dividend Value ETF has a one year low of $40.93 and a one year high of $51.63. The stock has a market cap of $37.72 billion, a price-to-earnings ratio of 26.59 and a beta of 0.88.
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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