Capital Group Dividend Value ETF $CGDV Shares Bought by Investment Advisory Services Group LLC

Investment Advisory Services Group LLC increased its holdings in shares of Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 93.7% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 149,796 shares of the company’s stock after buying an additional 72,452 shares during the quarter. Capital Group Dividend Value ETF accounts for about 5.5% of Investment Advisory Services Group LLC’s holdings, making the stock its 5th biggest holding. Investment Advisory Services Group LLC’s holdings in Capital Group Dividend Value ETF were worth $6,372,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of CGDV. LPL Financial LLC lifted its holdings in shares of Capital Group Dividend Value ETF by 20.7% in the fourth quarter. LPL Financial LLC now owns 63,490,640 shares of the company’s stock worth $2,770,731,000 after acquiring an additional 10,904,954 shares during the last quarter. Raymond James Financial Inc. grew its holdings in shares of 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 purchasing an additional 1,465,566 shares during the last quarter. Capital International Investors grew its holdings in shares of Capital Group Dividend Value ETF by 1.8% during the 4th quarter. Capital International Investors now owns 22,899,119 shares of the company’s stock valued at $999,318,000 after purchasing an additional 397,762 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its position in Capital Group Dividend Value ETF by 12.3% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 18,754,937 shares of the company’s stock worth $818,465,000 after purchasing an additional 2,061,385 shares in the last quarter. Finally, Cetera Investment Advisers increased its position in Capital Group Dividend Value ETF by 14.5% during the 4th quarter. Cetera Investment Advisers now owns 16,399,426 shares of the company’s stock worth $715,671,000 after purchasing an additional 2,082,860 shares in the last quarter.

Capital Group Dividend Value ETF Trading Down 0.6%

NYSEARCA:CGDV traded down $0.31 on Tuesday, hitting $48.83. The company had a trading volume of 749,733 shares, compared to its average volume of 4,539,533. The firm has a 50 day moving average of $48.07 and a two-hundred day moving average of $45.69. The stock has a market capitalization of $36.80 billion, a price-to-earnings ratio of 26.59 and a beta of 0.88. Capital Group Dividend Value ETF has a 52 week low of $39.87 and a 52 week high of $49.44.

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.