Cetera Investment Advisers Has $781 Million Stock Holdings in Capital Group Dividend Value ETF $CGDV

Cetera Investment Advisers raised its position in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 12.0% during the 1st quarter, HoldingsChannel reports. The fund owned 18,359,294 shares of the company’s stock after buying an additional 1,959,868 shares during the quarter. Capital Group Dividend Value ETF comprises about 0.8% of Cetera Investment Advisers’ portfolio, making the stock its 15th largest holding. Cetera Investment Advisers’ holdings in Capital Group Dividend Value ETF were worth $781,004,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the company. AQR Capital Management LLC bought a new position in shares of Capital Group Dividend Value ETF during the 1st quarter worth approximately $236,000. Franklin Resources Inc. acquired a new stake in shares of Capital Group Dividend Value ETF in the second quarter valued at approximately $226,000. Russell Investments Group Ltd. lifted its position in shares of Capital Group Dividend Value ETF by 24.9% in the second quarter. Russell Investments Group Ltd. now owns 4,638 shares of the company’s stock worth $183,000 after purchasing an additional 925 shares in the last quarter. Brown Advisory Inc. lifted its position in shares of Capital Group Dividend Value ETF by 22.7% in the second quarter. Brown Advisory Inc. now owns 22,270 shares of the company’s stock worth $879,000 after purchasing an additional 4,118 shares in the last quarter. Finally, Sei Investments Co. boosted its holdings in Capital Group Dividend Value ETF by 21.1% during the second quarter. Sei Investments Co. now owns 1,169,992 shares of the company’s stock worth $46,203,000 after purchasing an additional 203,772 shares during the last quarter.

Capital Group Dividend Value ETF Trading Down 0.0%

Shares of CGDV opened at $49.04 on Thursday. The stock has a market capitalization of $36.70 billion, a price-to-earnings ratio of 26.59 and a beta of 0.88. Capital Group Dividend Value ETF has a 12 month low of $39.87 and a 12 month high of $49.55. The firm has a fifty day simple moving average of $48.61 and a 200 day simple moving average of $46.13.

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.