Capital Group Dividend Value ETF $CGDV Shares Bought by WCG Wealth Advisors LLC

WCG Wealth Advisors LLC increased its stake in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 177.7% during the fourth quarter, HoldingsChannel reports. The firm owned 68,043 shares of the company’s stock after acquiring an additional 43,542 shares during the period. WCG Wealth Advisors LLC’s holdings in Capital Group Dividend Value ETF were worth $2,969,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of CGDV. AQR Capital Management LLC purchased a new position in Capital Group Dividend Value ETF in the 1st quarter worth about $236,000. Franklin Resources Inc. purchased a new position in Capital Group Dividend Value ETF in the 2nd quarter worth about $226,000. Russell Investments Group Ltd. grew its stake 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. grew its stake in 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 acquiring an additional 4,118 shares in the last quarter. Finally, Sei Investments Co. grew its stake in 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 acquiring an additional 203,772 shares in the last quarter.

Capital Group Dividend Value ETF Price Performance

NYSEARCA:CGDV opened at $49.03 on Friday. Capital Group Dividend Value ETF has a fifty-two week low of $37.74 and a fifty-two week high of $49.10. The stock’s 50-day moving average is $46.07 and its two-hundred day moving average is $44.85. The stock has a market cap of $35.36 billion, a PE ratio of 26.59 and a beta of 0.89.

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.