Renaissance Technologies LLC Sells 31,600 Shares of Capital Group Dividend Value ETF $CGDV

Renaissance Technologies LLC decreased its holdings in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 33.8% during the first quarter, HoldingsChannel reports. The fund owned 61,900 shares of the company’s stock after selling 31,600 shares during the quarter. Renaissance Technologies LLC’s holdings in Capital Group Dividend Value ETF were worth $2,633,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors also recently modified their holdings of the company. Richards Merrill & Peterson Inc. raised its holdings in shares of Capital Group Dividend Value ETF by 72.6% in the 1st quarter. Richards Merrill & Peterson Inc. now owns 59,315 shares of the company’s stock valued at $2,523,000 after acquiring an additional 24,945 shares in the last quarter. Merit Financial Group LLC grew its stake in Capital Group Dividend Value ETF by 3.8% in the 4th quarter. Merit Financial Group LLC now owns 1,754,850 shares of the company’s stock worth $76,582,000 after buying an additional 64,689 shares in the last quarter. Fourpath Capital Management LLC increased its holdings in shares of Capital Group Dividend Value ETF by 34.2% in the 4th quarter. Fourpath Capital Management LLC now owns 634,213 shares of the company’s stock worth $27,677,000 after buying an additional 161,553 shares during the last quarter. MSH Capital Advisors LLC lifted its holdings in shares of Capital Group Dividend Value ETF by 66.1% during the 4th quarter. MSH Capital Advisors LLC now owns 35,900 shares of the company’s stock worth $1,567,000 after acquiring an additional 14,293 shares during the last quarter. Finally, Summit Investment Advisory Services LLC lifted its holdings in shares of Capital Group Dividend Value ETF by 3.5% during the 4th quarter. Summit Investment Advisory Services LLC now owns 1,005,641 shares of the company’s stock worth $43,886,000 after acquiring an additional 34,309 shares during the last quarter.

Capital Group Dividend Value ETF Price Performance

CGDV opened at $51.30 on Monday. The stock has a market cap of $38.91 billion, a PE ratio of 26.59 and a beta of 0.88. Capital Group Dividend Value ETF has a 52 week low of $40.45 and a 52 week high of $51.49. The business’s fifty day simple moving average is $49.04 and its 200 day simple moving average is $46.59.

About Capital Group Dividend Value ETF

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.