New England Private Wealth Advisors LLC Purchases 77,040 Shares of Capital Group Dividend Value ETF $CGDV

New England Private Wealth Advisors LLC raised its stake in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 17.9% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 507,441 shares of the company’s stock after acquiring an additional 77,040 shares during the period. Capital Group Dividend Value ETF makes up approximately 1.3% of New England Private Wealth Advisors LLC’s holdings, making the stock its 21st biggest position. New England Private Wealth Advisors LLC’s holdings in Capital Group Dividend Value ETF were worth $22,145,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of CGDV. AQR Capital Management LLC bought a new position in Capital Group Dividend Value ETF during the 1st quarter valued at about $236,000. Franklin Resources Inc. bought a new position in Capital Group Dividend Value ETF during the 2nd quarter valued at about $226,000. Russell Investments Group Ltd. lifted its stake in Capital Group Dividend Value ETF by 24.9% during the 2nd quarter. Russell Investments Group Ltd. now owns 4,638 shares of the company’s stock valued at $183,000 after acquiring an additional 925 shares during the period. Brown Advisory Inc. increased its position in shares of Capital Group Dividend Value ETF by 22.7% during the 2nd quarter. Brown Advisory Inc. now owns 22,270 shares of the company’s stock valued at $879,000 after purchasing an additional 4,118 shares during the last quarter. Finally, Sei Investments Co. increased its position in shares of Capital Group Dividend Value ETF by 21.1% during the 2nd quarter. Sei Investments Co. now owns 1,169,992 shares of the company’s stock valued at $46,203,000 after purchasing an additional 203,772 shares during the last quarter.

Capital Group Dividend Value ETF Stock Up 0.2%

NYSEARCA CGDV opened at $47.98 on Friday. Capital Group Dividend Value ETF has a 52 week low of $36.10 and a 52 week high of $48.49. The firm has a market capitalization of $34.60 billion, a P/E ratio of 26.59 and a beta of 0.89. The company has a 50-day moving average price of $45.12 and a 200-day moving average price of $44.48.

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.