Retirement Planning Group LLC Acquires 17,247 Shares of Capital Group Dividend Value ETF $CGDV

Retirement Planning Group LLC boosted its holdings in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 200.3% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 25,857 shares of the company’s stock after buying an additional 17,247 shares during the quarter. Retirement Planning Group LLC’s holdings in Capital Group Dividend Value ETF were worth $1,100,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. LPL Financial LLC raised its stake in Capital Group Dividend Value ETF by 20.7% during the fourth quarter. LPL Financial LLC now owns 63,490,640 shares of the company’s stock worth $2,770,731,000 after acquiring an additional 10,904,954 shares in the last quarter. Raymond James Financial Inc. boosted its stake in shares of Capital Group Dividend Value ETF by 6.6% in the 4th quarter. Raymond James Financial Inc. now owns 23,591,243 shares of the company’s stock valued at $1,029,522,000 after purchasing an additional 1,465,566 shares in the last quarter. Capital International Investors boosted its stake in shares of Capital Group Dividend Value ETF by 1.8% in the 4th quarter. Capital International Investors now owns 22,899,119 shares of the company’s stock valued at $999,318,000 after purchasing an additional 397,762 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in shares of Capital Group Dividend Value ETF by 12.3% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 18,754,937 shares of the company’s stock valued at $818,465,000 after purchasing an additional 2,061,385 shares during the last quarter. Finally, Cetera Investment Advisers grew its holdings in shares of Capital Group Dividend Value ETF by 14.5% during the 4th quarter. Cetera Investment Advisers now owns 16,399,426 shares of the company’s stock valued at $715,671,000 after purchasing an additional 2,082,860 shares during the last quarter.

Capital Group Dividend Value ETF Price Performance

CGDV stock opened at $49.01 on Wednesday. The company has a 50 day simple moving average of $48.42 and a 200 day simple moving average of $45.92. The stock has a market cap of $36.52 billion, a price-to-earnings ratio of 26.59 and a beta of 0.88. Capital Group Dividend Value ETF has a 1 year low of $39.87 and a 1 year high of $49.55.

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.