Capital Group Dividend Value ETF $CGDV Shares Sold by Simplicity Wealth LLC

Simplicity Wealth LLC lowered its position in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 44.6% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 41,709 shares of the company’s stock after selling 33,547 shares during the period. Simplicity Wealth LLC’s holdings in Capital Group Dividend Value ETF were worth $1,774,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Berger Financial Group Inc increased its position in Capital Group Dividend Value ETF by 3.1% during the 1st quarter. Berger Financial Group Inc now owns 7,519 shares of the company’s stock worth $320,000 after purchasing an additional 224 shares during the period. Clark Capital Management Group Inc. raised 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 buying an additional 238 shares in the last quarter. Cim LLC lifted its holdings in shares of Capital Group Dividend Value ETF by 2.3% in the 3rd quarter. Cim LLC now owns 11,280 shares of the company’s stock valued at $474,000 after buying an additional 250 shares during the period. Ameriprise Financial Inc. lifted its holdings in shares of Capital Group Dividend Value ETF by 1.7% in the 2nd quarter. Ameriprise Financial Inc. now owns 16,080 shares of the company’s stock valued at $635,000 after buying an additional 263 shares during the period. Finally, OneAscent Financial Services LLC lifted its holdings in shares of Capital Group Dividend Value ETF by 0.7% in the 4th quarter. OneAscent Financial Services LLC now owns 43,691 shares of the company’s stock valued at $1,907,000 after buying an additional 294 shares during the period.

Capital Group Dividend Value ETF Stock Up 0.7%

Shares of Capital Group Dividend Value ETF stock traded up $0.36 during trading on Friday, reaching $49.50. The company’s stock had a trading volume of 3,411,637 shares, compared to its average volume of 4,542,946. The business has a 50 day moving average price of $48.32 and a 200-day moving average price of $45.83. Capital Group Dividend Value ETF has a 12-month low of $39.87 and a 12-month high of $49.55. The company has a market capitalization of $36.89 billion, a P/E ratio of 26.59 and a beta of 0.88.

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.