58,907 Shares in Capital Group Dividend Value ETF $CGDV Purchased by Advisortrust Partners LLC

Advisortrust Partners LLC bought a new position in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 58,907 shares of the company’s stock, valued at approximately $2,571,000. Capital Group Dividend Value ETF accounts for 1.1% of Advisortrust Partners LLC’s holdings, making the stock its 24th biggest holding.

A number of other hedge funds also recently added to or reduced their stakes in the stock. AQR Capital Management LLC acquired a new stake in Capital Group Dividend Value ETF in the first quarter valued at $236,000. Franklin Resources Inc. purchased a new position in Capital Group Dividend Value ETF during the 2nd quarter valued at about $226,000. Russell Investments Group Ltd. increased its holdings 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 in the last quarter. Brown Advisory Inc. raised its position in Capital Group Dividend Value ETF by 22.7% during the second quarter. Brown Advisory Inc. now owns 22,270 shares of the company’s stock worth $879,000 after acquiring an additional 4,118 shares during the last quarter. Finally, Sei Investments Co. raised its position 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 acquiring an additional 203,772 shares during the last quarter.

Capital Group Dividend Value ETF Price Performance

Shares of NYSEARCA CGDV opened at $48.99 on Friday. The firm’s 50-day moving average is $47.32 and its two-hundred day moving average is $45.26. The company has a market capitalization of $35.33 billion, a PE ratio of 26.59 and a beta of 0.89. Capital Group Dividend Value ETF has a 12-month low of $38.00 and a 12-month high of $49.43.

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.