Investment Insight Wealth Management LLC Acquires Shares of 36,655 Capital Group Dividend Value ETF $CGDV

Investment Insight Wealth Management LLC bought a new position in Capital Group Dividend Value ETF (NYSEARCA:CGDV) in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 36,655 shares of the company’s stock, valued at approximately $1,600,000. Capital Group Dividend Value ETF makes up 1.6% of Investment Insight Wealth Management LLC’s portfolio, making the stock its 14th biggest holding.

Other institutional investors and hedge funds also recently made changes to their positions in the company. AQR Capital Management LLC bought a new position in shares of Capital Group Dividend Value ETF during the first quarter valued at about $236,000. Franklin Resources Inc. purchased a new position in Capital Group Dividend Value ETF during the second quarter worth about $226,000. Russell Investments Group Ltd. grew its position in Capital Group Dividend Value ETF by 24.9% in the 2nd quarter. Russell Investments Group Ltd. now owns 4,638 shares of the company’s stock worth $183,000 after purchasing an additional 925 shares in the last quarter. Brown Advisory Inc. grew its position in Capital Group Dividend Value ETF by 22.7% in the 2nd quarter. Brown Advisory Inc. now owns 22,270 shares of the company’s stock worth $879,000 after purchasing an additional 4,118 shares in the last quarter. Finally, Sei Investments Co. increased its stake in Capital Group Dividend Value ETF by 21.1% in the 2nd quarter. Sei Investments Co. now owns 1,169,992 shares of the company’s stock valued at $46,203,000 after buying an additional 203,772 shares during the last quarter.

Capital Group Dividend Value ETF Stock Performance

NYSEARCA:CGDV opened at $48.99 on Friday. Capital Group Dividend Value ETF has a 52 week low of $38.00 and a 52 week high of $49.43. The firm has a 50-day moving average price of $47.23 and a two-hundred day moving average price of $45.24. The firm has a market cap of $35.33 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.