Atria Investments Inc cut its stake in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV – Free Report) by 25.9% in the 4th quarter, HoldingsChannel.com reports. The fund owned 78,018 shares of the company’s stock after selling 27,334 shares during the quarter. Atria Investments Inc’s holdings in Capital Group Dividend Value ETF were worth $3,405,000 at the end of the most recent reporting period.
Several other large investors have also modified their holdings of the stock. Raymond James Financial Inc. boosted its stake in shares of Capital Group Dividend Value ETF by 14.3% during the 3rd quarter. Raymond James Financial Inc. now owns 22,125,677 shares of the company’s stock worth $929,942,000 after acquiring an additional 2,772,053 shares in the last quarter. Envestnet Asset Management Inc. raised its holdings in shares of Capital Group Dividend Value ETF by 4.0% during the third quarter. Envestnet Asset Management Inc. now owns 17,388,906 shares of the company’s stock worth $730,856,000 after acquiring an additional 668,214 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its holdings in shares of Capital Group Dividend Value ETF by 8.9% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 16,693,552 shares of the company’s stock worth $701,630,000 after acquiring an additional 1,365,491 shares in the last quarter. Bank of America Corp DE raised its holdings in shares of Capital Group Dividend Value ETF by 20.4% during the third quarter. Bank of America Corp DE now owns 15,868,443 shares of the company’s stock worth $666,951,000 after acquiring an additional 2,688,496 shares in the last quarter. Finally, Advance Capital Management Inc. raised its holdings in shares of Capital Group Dividend Value ETF by 2.4% during the fourth quarter. Advance Capital Management Inc. now owns 10,051,233 shares of the company’s stock worth $438,636,000 after acquiring an additional 231,646 shares in the last quarter.
Capital Group Dividend Value ETF Price Performance
NYSEARCA CGDV opened at $47.82 on Monday. Capital Group Dividend Value ETF has a fifty-two week low of $36.10 and a fifty-two week high of $48.49. The stock’s 50-day moving average is $44.80 and its two-hundred day moving average is $44.32. The firm has a market cap of $34.49 billion, a P/E ratio of 26.59 and a beta of 0.89.
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.
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