New England Capital Financial Advisors LLC Grows Stake in Capital Group Dividend Value ETF $CGDV

New England Capital Financial Advisors LLC raised its stake in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 24.7% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 142,805 shares of the company’s stock after acquiring an additional 28,319 shares during the quarter. Capital Group Dividend Value ETF makes up 1.7% of New England Capital Financial Advisors LLC’s holdings, making the stock its 13th biggest position. New England Capital Financial Advisors LLC’s holdings in Capital Group Dividend Value ETF were worth $6,075,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Clark Capital Management Group Inc. increased its stake in shares of Capital Group Dividend Value ETF by 2.4% during the 3rd quarter. Clark Capital Management Group Inc. now owns 9,984 shares of the company’s stock worth $420,000 after purchasing an additional 238 shares during the last quarter. Cim LLC lifted its stake in Capital Group Dividend Value ETF by 2.3% in the third quarter. Cim LLC now owns 11,280 shares of the company’s stock valued at $474,000 after purchasing an additional 250 shares during the last quarter. Ameriprise Financial Inc. grew its holdings in Capital Group Dividend Value ETF by 1.7% during the second quarter. Ameriprise Financial Inc. now owns 16,080 shares of the company’s stock valued at $635,000 after purchasing an additional 263 shares during the period. OneAscent Financial Services LLC grew its holdings in Capital Group Dividend Value ETF by 0.7% during the fourth quarter. OneAscent Financial Services LLC now owns 43,691 shares of the company’s stock valued at $1,907,000 after purchasing an additional 294 shares during the period. Finally, Prospect Financial Services LLC grew its holdings in Capital Group Dividend Value ETF by 2.5% during the fourth quarter. Prospect Financial Services LLC now owns 12,925 shares of the company’s stock valued at $564,000 after purchasing an additional 312 shares during the period.

Capital Group Dividend Value ETF Price Performance

NYSEARCA:CGDV opened at $48.95 on Friday. The company has a market capitalization of $36.43 billion, a P/E ratio of 26.59 and a beta of 0.88. The business has a fifty day simple moving average of $48.01 and a two-hundred day simple moving average of $45.63. Capital Group Dividend Value ETF has a 1 year low of $39.76 and a 1 year high of $49.44.

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. CGDV was launched on Feb 22, 2022 and is managed by Capital Group.