Investment Insight Wealth Management LLC Acquires Shares of 36,655 Capital Group Dividend Value ETF $CGDV

Investment Insight Wealth Management LLC bought a new stake in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 36,655 shares of the company’s stock, valued at approximately $1,600,000. Capital Group Dividend Value ETF comprises about 1.6% of Investment Insight Wealth Management LLC’s investment portfolio, making the stock its 14th biggest holding.

Other hedge funds also recently made changes to their positions in the company. AQR Capital Management LLC purchased a new position in shares of Capital Group Dividend Value ETF in the 1st quarter worth about $236,000. Franklin Resources Inc. purchased a new stake in Capital Group Dividend Value ETF during the second quarter worth about $226,000. Russell Investments Group Ltd. increased its holdings in Capital Group Dividend Value ETF by 24.9% during the second quarter. Russell Investments Group Ltd. now owns 4,638 shares of the company’s stock worth $183,000 after buying an additional 925 shares during the last quarter. Brown Advisory Inc. raised its position in Capital Group Dividend Value ETF by 22.7% in the second quarter. Brown Advisory Inc. now owns 22,270 shares of the company’s stock worth $879,000 after acquiring an additional 4,118 shares during the period. Finally, Sei Investments Co. boosted its stake in Capital Group Dividend Value ETF by 21.1% in the second 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 during the last quarter.

Capital Group Dividend Value ETF Stock Up 1.0%

Capital Group Dividend Value ETF stock opened at $48.99 on Friday. Capital Group Dividend Value ETF has a twelve month low of $38.00 and a twelve month high of $49.43. The firm has a 50 day moving average price of $47.23 and a 200-day moving average price of $45.24. The company has a market capitalization of $35.33 billion, a P/E 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.