Capital Group Dividend Value ETF $CGDV Position Boosted by Fermata Advisors LLC

Fermata Advisors LLC increased its stake in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 7.0% in the second quarter, Holdings Channel.com reports. The fund owned 249,783 shares of the company’s stock after purchasing an additional 16,313 shares during the period. Capital Group Dividend Value ETF comprises about 2.5% of Fermata Advisors LLC’s holdings, making the stock its 5th biggest position. Fermata Advisors LLC’s holdings in Capital Group Dividend Value ETF were worth $12,309,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of CGDV. LPL Financial LLC boosted its holdings in shares of Capital Group Dividend Value ETF by 20.7% during the 4th quarter. LPL Financial LLC now owns 63,490,640 shares of the company’s stock valued at $2,770,731,000 after purchasing an additional 10,904,954 shares during the last quarter. Raymond James Financial Inc. grew its holdings in Capital Group Dividend Value ETF by 6.6% during the 4th quarter. Raymond James Financial Inc. now owns 23,591,243 shares of the company’s stock valued at $1,029,522,000 after buying an additional 1,465,566 shares in the last quarter. Capital International Investors increased its stake in Capital Group Dividend Value ETF by 1.8% in the 4th quarter. Capital International Investors now owns 22,899,119 shares of the company’s stock worth $999,318,000 after acquiring an additional 397,762 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its stake in Capital Group Dividend Value ETF by 12.3% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 18,754,937 shares of the company’s stock worth $818,465,000 after acquiring an additional 2,061,385 shares during the last quarter. Finally, Cetera Investment Advisers raised its holdings in shares of Capital Group Dividend Value ETF by 12.0% during the 1st quarter. Cetera Investment Advisers now owns 18,359,294 shares of the company’s stock worth $781,004,000 after acquiring an additional 1,959,868 shares in the last quarter.

Capital Group Dividend Value ETF Stock Performance

NYSEARCA CGDV opened at $51.09 on Thursday. The company has a market capitalization of $38.75 billion, a P/E ratio of 26.59 and a beta of 0.88. Capital Group Dividend Value ETF has a one year low of $40.22 and a one year high of $51.49. The stock has a 50 day moving average price of $48.93 and a 200-day moving average price of $46.50.

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.