Capital Group Dividend Value ETF $CGDV Stock Holdings Raised by Freedom Financial Partners LLC

Freedom Financial Partners LLC lifted its position in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 23.8% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 232,758 shares of the company’s stock after acquiring an additional 44,671 shares during the period. Capital Group Dividend Value ETF makes up approximately 3.5% of Freedom Financial Partners LLC’s portfolio, making the stock its 10th largest position. Freedom Financial Partners LLC’s holdings in Capital Group Dividend Value ETF were worth $9,902,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in CGDV. AQR Capital Management LLC bought a new position in Capital Group Dividend Value ETF in the 1st quarter valued at approximately $236,000. Franklin Resources Inc. purchased a new stake in Capital Group Dividend Value ETF during the 2nd quarter valued at $226,000. Russell Investments Group Ltd. increased its holdings in shares of Capital Group Dividend Value ETF by 24.9% in the 2nd 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. increased its holdings in shares of Capital Group Dividend Value ETF by 22.7% in the 2nd 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. raised its stake in shares of Capital Group Dividend Value ETF by 21.1% in 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 Price Performance

Shares of NYSEARCA:CGDV opened at $48.99 on Friday. The company has a market cap of $35.33 billion, a P/E ratio of 26.59 and a beta of 0.89. Capital Group Dividend Value ETF has a 1 year low of $38.00 and a 1 year high of $49.43. The stock’s fifty day moving average price is $47.32 and its 200-day moving average price is $45.26.

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.