Capital Group Dividend Value ETF $CGDV Holdings Raised by Genesis Private Wealth LLC

Genesis Private Wealth LLC lifted its stake in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 18.2% in the first quarter, HoldingsChannel reports. The firm owned 85,573 shares of the company’s stock after purchasing an additional 13,159 shares during the period. Capital Group Dividend Value ETF accounts for 1.1% of Genesis Private Wealth LLC’s holdings, making the stock its 29th biggest position. Genesis Private Wealth LLC’s holdings in Capital Group Dividend Value ETF were worth $3,640,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of CGDV. LPL Financial LLC raised its holdings in Capital Group Dividend Value ETF by 20.7% during the 4th quarter. LPL Financial LLC now owns 63,490,640 shares of the company’s stock worth $2,770,731,000 after buying an additional 10,904,954 shares during the period. Axxcess Wealth Management LLC lifted its stake in Capital Group Dividend Value ETF by 448.9% during the fourth quarter. Axxcess Wealth Management LLC now owns 3,520,015 shares of the company’s stock valued at $153,613,000 after buying an additional 2,878,723 shares in the last quarter. Raymond James Financial Inc. boosted its holdings in shares of Capital Group Dividend Value ETF by 14.3% in the third quarter. Raymond James Financial Inc. now owns 22,125,677 shares of the company’s stock worth $929,942,000 after buying an additional 2,772,053 shares during the period. Wells Fargo & Company MN boosted its holdings in shares of Capital Group Dividend Value ETF by 20.1% in the fourth quarter. Wells Fargo & Company MN now owns 16,311,223 shares of the company’s stock worth $711,822,000 after buying an additional 2,729,408 shares during the period. Finally, Bank of America Corp DE increased its position in shares of Capital Group Dividend Value ETF by 20.4% in 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.

Capital Group Dividend Value ETF Price Performance

Capital Group Dividend Value ETF stock opened at $48.99 on Friday. Capital Group Dividend Value ETF has a fifty-two week low of $38.00 and a fifty-two week high of $49.43. The firm’s 50 day simple moving average is $47.32 and its 200-day simple moving average is $45.26. The company has a market cap of $35.33 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.