Capital Group Dividend Value ETF $CGDV Holdings Lifted by Wealth Science Advisors LLC

Wealth Science Advisors LLC boosted its position in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 5.8% in the second quarter, according to its most recent filing with the SEC. The institutional investor owned 684,713 shares of the company’s stock after purchasing an additional 37,591 shares during the period. Capital Group Dividend Value ETF comprises 15.0% of Wealth Science Advisors LLC’s investment portfolio, making the stock its 2nd biggest position. Wealth Science Advisors LLC owned approximately 0.09% of Capital Group Dividend Value ETF worth $33,743,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. AQR Capital Management LLC purchased a new position in shares of Capital Group Dividend Value ETF in the 1st quarter worth approximately $236,000. Franklin Resources Inc. bought a new stake in Capital Group Dividend Value ETF during the second quarter worth $226,000. Russell Investments Group Ltd. grew its stake in 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 valued at $183,000 after purchasing an additional 925 shares during the period. Brown Advisory Inc. increased its position in shares of Capital Group Dividend Value ETF by 22.7% during the 2nd quarter. Brown Advisory Inc. now owns 22,270 shares of the company’s stock valued at $879,000 after purchasing an additional 4,118 shares during the last quarter. Finally, Sei Investments Co. increased its position in shares of Capital Group Dividend Value ETF by 21.1% during the 2nd quarter. Sei Investments Co. now owns 1,169,992 shares of the company’s stock valued at $46,203,000 after purchasing an additional 203,772 shares during the last quarter.

Capital Group Dividend Value ETF Price Performance

NYSEARCA CGDV opened at $51.30 on Friday. The stock has a market capitalization of $38.91 billion, a price-to-earnings ratio of 26.59 and a beta of 0.88. The business’s fifty day moving average is $49.04 and its 200-day moving average is $46.58. Capital Group Dividend Value ETF has a one year low of $40.45 and a one year high of $51.49.

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.