Capital Group Dividend Value ETF $CGDV Stock Holdings Lifted by Richards Merrill & Peterson Inc.

Richards Merrill & Peterson Inc. increased its holdings in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 72.6% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 59,315 shares of the company’s stock after buying an additional 24,945 shares during the period. Capital Group Dividend Value ETF comprises approximately 0.9% of Richards Merrill & Peterson Inc.’s holdings, making the stock its 26th biggest position. Richards Merrill & Peterson Inc.’s holdings in Capital Group Dividend Value ETF were worth $2,523,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of CGDV. Investment Advisory Services Inc. TX ADV lifted its holdings in Capital Group Dividend Value ETF by 11.9% in the first quarter. Investment Advisory Services Inc. TX ADV now owns 31,294 shares of the company’s stock worth $1,331,000 after acquiring an additional 3,335 shares during the last quarter. Trinity Wealth Management LLC grew its holdings in shares of Capital Group Dividend Value ETF by 8.3% during the first quarter. Trinity Wealth Management LLC now owns 41,951 shares of the company’s stock valued at $1,785,000 after purchasing an additional 3,220 shares during the last quarter. Signal Advisors Wealth LLC grew its holdings in shares of Capital Group Dividend Value ETF by 6.9% during the first quarter. Signal Advisors Wealth LLC now owns 6,933 shares of the company’s stock valued at $295,000 after purchasing an additional 447 shares during the last quarter. Aspire Growth Partners LLC grew its holdings in shares of Capital Group Dividend Value ETF by 9.2% during the first quarter. Aspire Growth Partners LLC now owns 118,118 shares of the company’s stock valued at $5,025,000 after purchasing an additional 9,918 shares during the last quarter. Finally, Stonebridge Financial Group LLC MO raised its position in shares of Capital Group Dividend Value ETF by 5.1% during the 1st quarter. Stonebridge Financial Group LLC MO now owns 22,738 shares of the company’s stock worth $967,000 after purchasing an additional 1,095 shares during the period.

Capital Group Dividend Value ETF Trading Down 1.0%

Shares of NYSEARCA CGDV opened at $48.34 on Wednesday. The company has a market cap of $34.86 billion, a price-to-earnings ratio of 26.59 and a beta of 0.89. Capital Group Dividend Value ETF has a 12-month low of $38.70 and a 12-month high of $49.43. The stock’s 50 day simple moving average is $47.48 and its 200 day simple moving average is $45.35.

Capital Group Dividend Value ETF 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.