Capital Group Dividend Value ETF $CGDV Stock Holdings Boosted by Continuum Advisory LLC

Continuum Advisory LLC raised its holdings in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 2.1% in the first quarter, HoldingsChannel reports. The firm owned 956,187 shares of the company’s stock after buying an additional 19,762 shares during the quarter. Capital Group Dividend Value ETF makes up 3.9% of Continuum Advisory LLC’s investment portfolio, making the stock its 3rd biggest position. Continuum Advisory LLC’s holdings in Capital Group Dividend Value ETF were worth $40,676,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in CGDV. Armstrong Fleming & Moore Inc raised its stake in Capital Group Dividend Value ETF by 22.0% in the fourth quarter. Armstrong Fleming & Moore Inc now owns 250,179 shares of the company’s stock worth $10,918,000 after buying an additional 45,077 shares in the last quarter. Kaizen Financial Strategies raised its stake in Capital Group Dividend Value ETF by 5.0% during the fourth quarter. Kaizen Financial Strategies now owns 304,926 shares of the company’s stock valued at $13,307,000 after buying an additional 14,641 shares during the last quarter. AA Financial Advisors LLC raised its position in shares of Capital Group Dividend Value ETF by 4.5% in the 4th quarter. AA Financial Advisors LLC now owns 755,250 shares of the company’s stock worth $32,959,000 after purchasing an additional 32,219 shares during the last quarter. Richards Merrill & Peterson Inc. raised its holdings in Capital Group Dividend Value ETF by 72.6% in the first quarter. Richards Merrill & Peterson Inc. now owns 59,315 shares of the company’s stock worth $2,523,000 after buying an additional 24,945 shares during the last quarter. Finally, Stratos Wealth Partners LTD. lifted its position in Capital Group Dividend Value ETF by 49.3% in the 4th quarter. Stratos Wealth Partners LTD. now owns 245,973 shares of the company’s stock valued at $10,734,000 after acquiring an additional 81,269 shares in the last quarter.

Capital Group Dividend Value ETF Price Performance

Shares of NYSEARCA:CGDV opened at $48.49 on Monday. The company has a market cap of $34.97 billion, a P/E ratio of 26.59 and a beta of 0.89. The stock’s fifty day moving average price is $47.67 and its 200-day moving average price is $45.45. Capital Group Dividend Value ETF has a 1 year low of $39.23 and a 1 year high of $49.43.

Capital Group Dividend Value ETF Company 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.